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

Related Mcqs:

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

   A. strategic implementation
   B. proper implementation
   C. performance evaluation
   D. well evaluated

2. 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

3. An assignment of task for managers, who are accountable for their actions in controlling and budgeting of resources is classified as _________?

   A. coordinating the company effort
   B. action plan
   C. action accountability
   D. project accountability

4. In absorption costing, the managers may increase operating income by producing ____________?

   A. more sales
   B. more inventory units
   C. less inventory units
   D. less sales

5. An approach in which the managers use the resources to increase customer value is classified as __________?

   A. help management
   B. cost management
   C. past management
   D. future management

6. 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

7. An organizational practice, according to which the decision making freedom is available to lower level managers is known as _____________?

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

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

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

9. The factor which provides hedge to managers in adverse and unexpected circumstances is known as __________?

   A. budgetary slack
   B. costly slack
   C. influential slack
   D. target slack

10. 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