1.Actual purchase price of direct material in excess of the expected purchase price will result in:

Select one:

a. Favorable material Usage Variance

b. Favorable material price Variance

c. Unfavorable material Usage Variance

d. Unfavorable material price Variance

2.Which one of the following is not an element of balance scorecard?

Select one:

a. Learning and growth Perspective

b. Directors Perspective

c. Internal process Perspective

d. Financial Perspective

3.If there is an unfavorable direct material usage variance due to the substandard quality of the raw material, who will be held responsible?

Select one:

a. Production manager

b. Purchase manager

c. Factory floor staff

d. Human resources manager

4.Variance analysis is very important because of all of the following reasons except:

Select one:

a. It acts as a control mechanism.

b. It helps in fixing the responsibility

c. It helps in gaining an insight into the reason behind the good performance

d. It aids into taking an immediate action

If you can can you please provide me the answer as fast as you can please don't need any explanation