The variance used by managers to check whether the company has performed well and properly implemented the strategies is considered as ___________?

Related Mcqs:

1. The use of variables to signal whether the strategies are effective or ineffective is classified as _________?

   A. evaluating strategy B. performing strategy C. warned strategy D. weighted strategy...

2. The variance, if used to alert managers before time of the problem is called _________?

   A. varied warning B. times warning C. managers warning D. early warning...

3. The process of analyzing and reviewing financial records to check the integrity of company financial reports is called __________?

   A. internal audit B. external audit C. functional audit D. treasury audit...

4. The depreciation on plant equipment, salaries of plant managers and plant leasing costs are considered a _____________?

   A. fixed batch cost B. variable batch cost C. variable overhead cost D. fixed overhead cost...

5. The difference between actual input variance and the budgeted input variance is called __________?

   A. price variance B. actual output price C. budgeted output price D. actual selling price...

6. To decide whether the cost is variable cost or fixed cost with respect to some specific activity depends upon ___________?

   A. units of labor B. unit of production C. time horizon D. units of inventory...

7. The managers using capacity planning do not make ___________

   A. pricing decisions B. marketing decisions C. financial decisions D. cost budgeting decisions...

8. The maximum freedom for managers and minimum constraints are the main features of ___________?

   A. total autonomy B. total centralization C. total decentralization D. total congruency...

9. The degree to which the freedom is given to lower level managers for decision making is classified as ___________?

   A. decentralization B. centralization C. autonomy D. congruency...

10. The flexible budget variance for the revenues of company is classified as __________?

    A. selling price variance B. investment variance C. profit variance D. primary variance...