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When is a variance considered to be 'material'? a) When it could have been controlled more effectively b) When it is infrequent c) When it is unfavorable d) When it is…

When is a variance considered to be 'material'? a) When it could have been controlled more effectively b) When it is infrequent c) When it is unfavorable d) When it is…
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When is a variance considered to be 'material'?

a) When it could have been controlled more effectively
b) When it is infrequent
c) When it is unfavorable
d) When it is large compared to the actual cost

asked
User Jesse Rosalia
by
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1 Answer

2 votes
ANSWER: D

A variance is considered to be material if it exceeds a certain percentage or dollar amount.
answered
User MMoovs
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