The term used to refer to persistent variances (i.e., those that are likely to recur until corrected) is

a. Systematic variance.

b. Random variance.

c. Standard cost variance.

d. Non-controllable variance.

e. Flexible-budget variance.

a. Systematic variance.

Business

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In terms of liquidity risk measurement, the financing gap is defined as

A. total deposits minus core deposits. B. financing requirement plus liquid assets C. rate sensitive assets minus rate sensitive liabilities. D. total assets minus total liabilities. E. average loans minus average deposits.

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On a deeper level, our wants and values are influenced not only by marketers but also by family, peer groups, religion, cultural background, and education

Indicate whether the statement is true or false

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