Which of the Following Statements If True Would Support the Critics

question 4

Multiple Choice

Which of the following statements if true would support the critics claim that the you-viewpoint is a dishonest technique?

• A) Writers admit they use the you-viewpoint to place themselves at the center of things.
• B) Readers are indifferent to the you-viewpoint or the we-viewpoint in messages.
• C) Readers are of the opinion that the you-view point is used to emphasize the impact of a bad news.
• D) Readers claim that most online scam emails use the you-viewpoint writing.
• E) The you-view point is mostly used by lawyers because readers take a longer time to understand the purpose of message written in this manner.

Understand the impact of actual cost variations from standard costs on cost accounting.

Identify the factors leading to variances in labour and material costs and the managerial responses to these variances.

Comprehend the use of statistical control charts in monitoring cost variances.

Understand the treatment and implications of material price variances.

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Definitions:

Materials Quantity Variance

The financial difference between the actual quantity of materials used in production and the standard expected quantity.

Favorable

A term used to describe outcomes or variances that are positive or beneficial to a business, such as lower costs or higher revenues than expected.

Unfavorable

A term used in budgeting and variance analysis indicating costs exceeded the budget or revenue fell short.

Variable Overhead Efficiency Variance

The difference between the expected variable overhead costs based on standard costing and the actual variable overhead incurred, attributable to efficiency.