Controlling Version B. Mark the correct answer by putting an "X" n the appropriate column True Sentence costs in the system of full costin costs are produ dministrative costs and sellin s focused on effective and efficient allocation of resources Bu Controlling can be defined as the process of the control oriented to results of the enterprise carried out by planning, monitoring and reporting s oriented to clients Control lin C" covers all business functions in Financial budget summarizes the impact of operations on cash balances and the expected financial position the system of variable costin Fixed costs are not treated as product costs in If actual costs are lower than standard costs, the variance is said to be favorable Indirect costs are related to the particular cost object but can not be traced to itan economica feasible wa 10 Maximum price is the west price for good and services at the market in transactions with independent unit. Normal standards are based on current conditions and circumstances. organizations with a lower proportion of fixed costs in their cost structures have higher 13 Product costs are the costs that can be associated with a particular accounting period rather than with the products delivered to the customers Selling costs are connected with expenses incurred in the marketing and distribution of a roduct 15 Semi variable labor costs are connected with the number of employees 16 Strategic controlling focuses mainly on plannin 17 The analysis of variances is a part of the control in the narrow sense The breakeven point shows the quantity of output sold at which the operating income is 18 equal 0 part of financial budget. 19 The cost of goods sold budget is a cost center is a production or operating unit 0 The discretion ed value of indirect costs is a function of the revenue driver The ex 22 The expense means the reduction of resources, which is inequivalent or isn't connected with the goals of the company 23 The labor efficiency variance is caused by the difference between actual and standard quantity of hours used 24 The level of risk is lower in a standard cost center than in the discretionary cost center 25 The schedule variance is the difference between planned cost of performed task and real ng them out cost of standard level of fixed indirect costs is expressed by constant value in the regression 26 The function for a riod. 27 The total fixed cost remains unchan ven time 28 The variable cost per unit of product changes with changes of production volume for a iven time period a system of budgeting in which budget holders have the 29 Top-down budgeting is rtunity to participate in setting their own budgets 30 Zero-based budgeting is based on slight changes from the preceding period's budgeted results or actual results False