To identify a variance without indicating whether it is favorable F or unfavorable U does not indicate
A)the impact of the variance on operating income.
B)the amount of the variance.
C)whether the amount relates to price or quantity.
D)whether the amount relates to rate of efficiency.

Question

Quizplus · Accepted Answer

Identifying a variance without indicating whether it is favorable or unfavorable does not show the impact of the variance on operating income, as it does not specify if the variance is beneficial or detrimental to the financial performance.

To Identify a Variance Without Indicating Whether It Is Favorable