Random variances are:
A) Considered as uncontrollable from the standpoint of management.
B) Likely to recur until corrected.
C) The result of failing to include all relevant variables in the analysis.
D) The result of including wrong or irrelevant variables in the variance-investigation model.
E) Best controlled using six sigma and other techniques from operations management.
Correct Answer:
Verified
Q33: Determining the standard fixed factory overhead cost
Q34: In deciding whether to further investigate a
Q35: The difference in each period between total
Q36: The difference between the actual fixed overhead
Q37: If the organization is making good progress
Q39: In deciding whether to further investigate a
Q40: Causes of random variances are beyond the
Q41: A deviation from standard because of an
Q42: In a standard cost system, when production
Q43: The difference between total factory overhead cost
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