Troy company budgeted $12 million for customer service costs, but actually spent only$10 miliion. which of the following statements is the best course of action for management to take is 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.

You are chairman of the board of a successful technology firm. there is a nominal federal corporate tax rate of 35 percent, yet the effective tax rate of the typical corporation is about 12.6%. your firm has been clever with use of transfer pricing and keeping money abroad and has barely paid any taxes over the last 5 years; during this same time period, profits were $28 billion. one member of the board feels that it is un-american to use various accounting strategies in order to avoid paying taxes. others feel that these are legal loopholes and corporations have a fiduciary responsibility to minimize taxes. one board member quoted what the ceo of exxon once said: “i’m not a u.s. company and i don’t make decisions based on what’s good for the u.s.” what are the alternatives? what are your recommendations? why do you recommend this course of action?

1. is the act of declaring a drivers license void and terminated when it is determined that the license was issued through error or fraud.

Kirnon clinic uses client-visits as its measure of activity. during july, the clinic budgeted for 3,250 client-visits, but its actual level of activity was 3,160 client-visits. the clinic has provided the following data concerning the formulas to be used in its budgeting: fixed element per month variable element per client-visitrevenue - $ 39.10personnel expenses $ 35,100 $ 10.30medical supplies 1,100 7.10occupancy expenses 8,100 1.10administrative expenses 5,100 0.20total expenses $ 49,400 $ 18.70the activity variance for net operating income in july would be closest to: