Which of the following benefits could an organization reasonably expect from an

Question

Which of the following benefits could an organization reasonably expect from an effective budget program? Increased employee Uncover potential motivation Yes Yes No No bottlenecks A) B) C) D) es No Yes No A. Option A B. OptionB C. Option C D. Option D 9. The variance that is usually most useful in assessing the performance of the purchasing department manager is: A. the labor rate variance. B. the labor efficiency variance. C. the materials quantity variance D. the materials price variance. 10. Poor quality materials could have an unfavorable effect on which of the following variances? Labor Efficiency Materials Quantity A) B) C) D) Variance Yes Yes No No Variance Yes No Yes No A. Option A B. Option B C. OptionC D. Option D

Explanation / Answer

8) Which of the following benefits could an organization reasonably expect from an effective budget program?

     Answer : A) option A

Increased employee motivation is Yes

Uncover potential bottlenecks is Yes

9) The variance that is usually most useful in assessing the performance of the purchasing department manager is:

     Answer : D) the material price variance

10) Poor quality materials could have an unfavourable effect on which of the following variances?

   Answer :A)option A

               Labour efficiency variance is Yes

               Material quantity variance is Yes

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