Refer to the information above. By how much would Terme's annual gross profit increase if the investment is undertaken?

Which of the following statements concerning 360-degree feedback systems is most likely FALSE?

A. 360-degree feedback tools are data based and provide good development feedback. B. Most 360-degree feedback systems are designed to make comparisons between people. C. Research shows that firms with 360-degree feedback systems had a drop in shareholder value. D. 360-degree feedback provides insight into self-perceptions and others' perceptions of leadership skills

In budgeting, variance is:

a. A measure of the degree of dispersion of a distribution about its mean value b. The difference between a realized value and a budgeted, or standard value c. The percentage decrease in volume that can occur without causing the organization to lose money d. The difference between operating profit and total profit e. The difference between total revenues and total costs