Whether it is a favourable or adverse variance
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The trend of the variance
A. Yes
B. No
A company produces products which are sold in various locations around the world. It groups these locations into six distinct areas.What would be the best way for this company to present information relating to the proportion of total revenue originating from each of these locations?
A. Line chart
Bar chart
C. Pie chart
D. Table
Which control level is calculated using the formula shown below?Reorder level + reorder quantity – (minimum usage x minimum lead time)
A. Minimum inventory level
B. Maximum inventory level
C. Total inventory level
D. Average inventory level
For what purpose would the Chief Executive Officer (CEO) require information?
A. Costing
B. Strategy
Control
D. Investment