Hoppy Corporation Compares Monthly Operating Results to a Static Budget

question 272

Multiple Choice

Hoppy Corporation compares monthly operating results to a static budget prepared at the beginning of the month. When the actual level of activity is less than budgeted, which of the following would be true?

• A)Variable costs would show favorable variances.
• B)Variable costs would show unfavorable variances.
• C)Fixed costs would show favorable variances.
• D)Fixed costs would show unfavorable variances.

---

Definitions:

Egalitarian

A belief or doctrine that emphasizes equality, especially regarding moral, political, social, and economic rights for all humans.

Sensitivity

The quality of being easily influenced, changed, or affected by external conditions or stimuli.

Authoritative Parenting

A parenting style characterized by high responsiveness and high demands, where parents set clear standards, are assertive but not intrusive or restrictive.

Gender Awareness

The recognition and understanding of the differences between genders and the societal roles attributed to each gender, often developed in early childhood.