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Neporo4naja [7]
3 years ago
5

Troy Company budgeted​ $12 million for customer service​ costs, but actually spent only​ $10 million. Which of the following sta

tements is the best course of action for management to take in this​ instance? A. Management will investigat this $2 million favorable variance to ensure that the cost savings do not reflect skimping on customer service.
B. Because this $2 million variance is favorable, management does not need to investigate further.

C. Management will investigate this $2 million unfavorable variance to try to identify and correct the problem.

D. Management should not investigat every major variance, especially an unfavorable variance.
Business
1 answer:
irinina [24]3 years ago
3 0

Answer:

The correct answer is A

Explanation:

A variance which is favorable, although have a positive sign for any company could not be ignored completely as ti could be a consequence of compromising on the quality of service of the customer being provided which could affect the company in the long run. So, it is very vital to keep a check on the favorable as well as on the unfavorable variances.

So, Management should investigate the $2 million favorable variance in order to ensure the cost savings which should not reflect on the customer service.

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Answer: e. Airline O has less lease assets at the inception of the lease

Explanation:

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With a finance lease however, ownership is passed to the lessee for the lease period and the lessee would have to depreciate the asset and record it in its books.

Airline O will therefore not record any assets but Airline F will. This means that Airline F will have more assets than O because it had to record its assets but O did not.

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