The Following Data for February Has Been Provided by Gillard

question 10

Multiple Choice

The following data for February has been provided by Gillard Corporation.



-The budget variance for February is:

• A)$7,440 F
• B)$7,440 U
• C)$1,140 F
• D)$1,140 U

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Definitions:

Public Policy

Principles and standards considered by the government in the administration of justice and the enactment of laws, reflecting the social and economic priorities of the community.

Intoxication

The state of being impaired or influenced by the consumption of alcohol or drugs.

Ratification

The act of officially approving or confirming an agreement or action, making it valid and binding.

Implied Ratification

The acceptance or approval of a previously unauthorized act by behaving in a manner that acknowledges the act as authorized.