Q. A favorable cost variance occurs when

A) actual incurred cost is greater than the standard cost

B) actual incurred cost is less than the standard cost

C) None of the above

D) actual incurred cost is equal to the standard cost

✔ Correct Answer: actual incurred cost is less than the standard cost

Exam Insight

-

Latest Govt Jobs Articles post by Teachers Create Page Current Affairs

Related Questions

Q1

Which describes a Mendelian trait?

Q2

Find the similarity in the following : Carbon, Silicon, Boro...

Q3

Which organ does detoxification and produces chemicals neede...

Q4

Which one of the following elements will be an isobar of cal...

Q5

One billionth of a second is called

Q6

Which is a difference between proteins and carbohydrates and...

Q7

Who become the brand ambassador of the Swast Immunised India...

Q8

In Frankenstein, Victor changes from an optimistic, eager yo...

Q9

Which of the following is responsible for regulating noise p...

Q10

Which state become the 1st Indian state to implement 10% Quo...

Q11

Homology is evidence of

Q12

Where is Hambantota Port located?

Q13

Which one of the following fishing banks is located off the ...

Q14

Where does the energy for photosynthesis come from?

Q15

In which decade was the SPICE simulator introduced

Q16

Which team won the 1st edition of Indian Premier League (IPL...

Q17

How many budgets are presented in the Parliament?

Q18

Which neighbouring country of India is also reffered as 'Dru...

Q19

Four words are given, out of which only one word is spelt co...

Q20

What is the retirement age of the Prime Minister of India?

Q21

A group of inter­connected islands is known as __________ .

Q22

The Ajanta Cave Paintings are a testimony to the golden age ...

Q23

Rearrange the parts of the sentence in correct order. Over p...

Q24

Which  of  the  following  statements  about the    Shiroman...

Q25

Who is the youngest Prime Minister of India?

Q26

Which amendment is freedom of expression?

Q27

Who was the first batsman to be given out by a third-umpire?

Q28

Fastest batsman to score 19000 international runs?

Q29

What is the proper term for a skeletal joint?

Q30

'Alpine Plant species', which are critically endangered have...

See also

Article

Info

📚 Explore Knowledge

Browse Articles by Category

Explore educational articles, current affairs, science, technology, history, politics, business and hundreds of learning resources organized into categories.

📘 International Relation 📘 World News 📘 India News 📘 Current Affairs General Awareness 📘 Entertainment 📘 Sports 📘 Movies 📘 Food 📘 Technology 📘 Games 📘 Shopping 📘 Business 📘 Health 📘 Politics 📘 History 📘 Geography 📘 Science And Technology 📘 Social 📘 Reviews (Books, Movies, Music, Etc.) 📘 Career 📘 Education 📘 Research 📘 News 📘 Blog 📘 Research Journals 📘 Documentary 📘 Cybersecurity 📘 Space 📘 Environment 📘 Medicine 📘 Economics 📘 Literature 📘 Philosophy 📘 Religion 📘 Arts And Culture 📘 Beauty 📘 Fashion 📘 Travel 📘 Other

🎯 Popular Topics

Explore the most searched educational topics.

🚀 Find Jobs by State & Department

Explore Sarkari Jobs, Admit Cards & Results easily on TutorliV

🔥 Popular Job Categories

UPSC SSC POLICE DEFENCE BANK SPSC JUDICIARY AllIndia ANDHRA PRADESH ARUNACHAL PRADESH ASSAM BIHAR CHHATTISGARH GOA GUJARAT HARYANA HIMACHAL PRADESH JAMMU AND KASHMIR JHARKHAND KARNATAKA KERALA MADHYA PRADESH MAHARASHTRA MANIPUR MEGHALAYA MIZORAM NAGALAND ODISHA PUNJAB RAJASTHAN SIKKIM TAMIL NADU TELANGANA TRIPURA UTTARAKHAND UTTAR PRADESH WEST BENGAL ANDAMAN AND NICOBAR CHANDIGARH DADRA AND NAGAR HAVELI DAMAN AND DIU DELHI LAKSHADWEEP PUDUCHERRY

📚 Subject-wise MCQs Practice

Practice topic-wise MCQs for competitive exams like SSC, UPSC, Banking & more.

General Knowledge Mathematics Reasoning Physics Chemistry English General Science Biology Indian History World History Indian Geography World Geography Polity Economics Sociology Political Science Sports Famous Places Awards and Honours Famous People Day and Event Books and Authors Current Affairs Computer Knowledge