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You have updated a cost category price from $5.00 to S7.00. You process a production order which uses the cost category. After ending the order, you realize a new standard cost was not calculated after the price update.
You need to validate how this impacted the financial voucher transactions. What transaction would you see in the general ledger?
A. $2.00 credit to the production price variance account
B. $2.00 debit to the production price variance account
C. $2.00 credit to the lot size variance account
D. $2.00 debit to the production quantity variance account
Answer: B
Which of the following is usually accomplished by purchasing insurance?
A. Risk mitigation
B. Risk avoidance
C. Risk transfer
D. Risk acceptance
Answer: C
Explanation:
Answer option C is correct.
Chapter: Risk Management
Objective: Risk Management
A. Option A
B. Option B
C. Option D
D. Option C
Answer: D
The programme that focused on maintaining the mechanical integrity of pressure equipmentitems and minimizing the risk of loss of containment due to deterioration
A. Pha
B. Hazop
C. Rem
D. Rbi
Answer: D
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