Basic Variance Analysis – NBC Institute

MI – Mar-Jul 2020 – L1 – SA – Q1 – Basic Variance Analysis

Identify which option is not a typical cause of material variances in a manufacturing setup.

Question

Which of the following is NOT a typical cause of material variances?

A. Paying higher or lower prices than planned
B. Losing or gaining quantity discounts
C. Buying complementary materials due to availability of planned material
D. Buying lower or higher quality than planned
E. Greater or lower yield from materials than planned

Answer

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Tags: Basic Variance Analysis, Cost Management, Management Information, Material variances, Variances
Level: Level 1

Topic: Basic Variance Analysis
Series: MAR/JULY 2020

Question Tag: Basic Variance Analysis

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MI – Mar-Jul 2020 – L1 – SA – Q1 – Basic Variance Analysis

Identify which option is not a typical cause of material variances in a manufacturing setup.

MI – Mar-Jul 2020 – L1 – SA – Q1 – Basic Variance Analysis

Identify which option is not a typical cause of material variances in a manufacturing setup.

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Question Tag: Basic Variance Analysis

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MI – Mar-Jul 2020 – L1 – SA – Q1 – Basic Variance Analysis

Identify which option is not a typical cause of material variances in a manufacturing setup.

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MI – Mar-Jul 2020 – L1 – SA – Q1 – Basic Variance Analysis

Identify which option is not a typical cause of material variances in a manufacturing setup.

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