A favourable labour rate variance indicates that: Question 12 options: A) actual hours exceed standard hours. B) standard hours exceed actual hours. C) the actual rate exceeds the standard rate. D) the standard rate exceeds the actual rate.

Accounts receivable decreased by $100,000 and accounts payable increased by $50,000. What will be the net result in terms of cash flow?

Question 24 options:

A)	Cash increased by $50,000.

B)	Cash decreased by $50,000.

C)	Cash increased by $150,000.

D)	Cash decreased by $150,000.