Question: When is a cost considered to be controllable? A. Only when the manager has the power to incur the cost within a given time period

When is a cost considered to be controllable?

  • A. Only when the manager has the power to incur the cost within a given time period
  • B. Only if the cost is less than the budget amount
  • C. Only when the amount changes based on different activity levels
  • D. Only when it is a variable cost

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

The detailed answer for the above question is provided below Cost controllability refers to the exte... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...

Q:

Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...

Q:

Let A, B be sets. Define: (a) the Cartesian product (A B) (b) the set of relations R between A and B (c) the identity relation A on the set A [3 marks] Suppose S, T are relations between A and B, and...

Q:

Which statement is true concerning management by exception? A) B) C) It requires management to investigate only unfavorable differences D) It requires investigation of all material differences...

Q:

When is a cost considered to be controllable? A. Only when the manager has the power to incur the cost within a given time period B. Only if the cost is less than the budget amount C. Only when the...

Q:

When is a cost considered to be controllable? Only when the manager has the power to incur the cost within a given time period. Only if the cost is less than the budget amount. Only when it is a...

Q:

hi please answer ASAP. thank you! 22 d) All the other budget depend on it 23 S. When a cost considered to be controllable traceable? 24 ) only when the manager has the power to incur the cost within...

Q:

Compensation Assignment A company granted stock options to the following employees including their exercise and sale details:: Employee Name Date Option Given Joseph Brandy Turner 4/21/2009 3/31/2008...

Q:

Project Management Lecture 12 P r o j e c t M a n a g e m e n t Revision 2017 Sem. 1 Do not commence reading or writing this examination unti so. P r o j e c t M a n a g e m e n t Revision EVM...

Q:

Read the case study, Bhatt, M. (2016). Getting to know your digital-age customers: An airline industry case study. (Links to an external site.) Business Intelligence Journal, 21 , 48-54. Prepare a...

Q:

An amusement park has opened a new roller coaster. It is so popular that people are waiting for up to 3 hours for a 2-minute ride. Concerned about how patrons (who paid a large amount to enter the...

Q:

Financial audits are basically sampling procedures to verify with a predetermined accuracy the sources and uses of the company receipts and expenditures; the larger the sample, the higher the...

Q:

The maturation stage of implementing empowerment is characterized by _ _ _ _ _ . Multiple choice question. transitioning from a former system to a new one analyzing the need for empowerment...

Q:

The accompanying figure shows a network of one-way streets with traffic flowing in the directions indicated. The flow rates along the streets are measured as the average number of vehicles per hour....

Q:

Autosave D () @ '? v Home Insert Draw Page Layout Formulas Data Review View Automate Module 4 Assignment v e Calibri (Body) vz v A General v w oy Paste B I Uwv A v o Conditional Format Cell o L s...

Q:

Help me do these questions-To answer the following questions, download the CSV file (or, copy-paste the data from the table on the right) and import it into your data software. The file is a...

Q:

Required information [The following information applies to the questions displayed below.] Diana and Ryan Workman were married on January 1 of last year. Diana has an eight-year-old son, Jorge, from...

Q:

A food service worker is on break at their company. During this break, the employee grabs a sandwich off the service line and gets a beverage from the drink fountain machine. After eating the...

Q:

When managing stakeholder engagement, which of the following is a critical activity? Option A Defining project scope Option B Developing a detailed budget Option C Regularly updating stakeholders...

Q:

Solve the given quadratic equations by any appropriate method. All numbers are accurate to at least two significant digits. In determining the number of bytes b that can be stored on a hard disk, the...

Q:

The Mach number of a moving object is the ratio of its speed to the speed of sound (740 mi/h). The following table shows the speed s of a jet aircraft, in terms of Mach numbers, and the time t after...

Q:

Show the given number, its negative, and its conjugate on the same coordinate system. 3 + 2j

Q:

The city council of Pine Bluffs is considering increasing the number of police in an effort to reduce crime. Before making a final decision, the council asked the chief of police to survey other...

Q:

The following sample observations were randomlyselected.

Q:

The following sample observations were randomly selected. a. Determine the regression equation. b. Determine the value of y when x is7.