If the actual factory overhead applied is more than the actual factory overhead incurred _________. (Points : 1)
A a favorable variance is produced
B an unfavorable variance is produced
C no variance is produced
D there is no way to calculate which way the variance will fall without more information
ANSWER A
4. Padding a budget __________________________________. (Points : 1)
is a smart use of company funds by a manager
does little to advance organizational efficiency
may induce wasteful spending
is impacted by more than one of the solutions listed here