Which of the Following Statements Is/are False

question 81

Multiple Choice

Which of the following statements is/are false?

• A) All favourable variances represent the costs of producing efficiently.
• B) Favourable variances (after closing to cost of goods sold) cause cost of goods sold to be lower.
• C) Significant favourable variances do not need to be investigated by managers.
• D) All favourable variances represent the costs of producing efficiently AND significant favourable variances do not need to be investigated by managers.

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Definitions:

Etruscan Artistic Style

A style of art originating from the ancient Etruscan civilization of Italy, known for its sophisticated metalwork, tomb paintings, and sculpture, distinct for its vitality and expression.

Motion and Vitality

Concepts often related to the physical and dynamic qualities observed in living beings, or in art, the depiction of movement or life-like energy.

Metalworking

The process of shaping and manipulating metals to create objects, parts, or structures, through techniques like forging, welding, and casting.

Etruscan Artisans

Craftsmen from the ancient Etruscan civilization, known for their skill in metalwork, pottery, and engraving, significantly influencing Roman art and culture.