Although a balanced scorecard approach may include target thresholds that should be met, the primary focus is on improvement. True False Question 2 1 pts Variance analysis for overhead is split between variances related to variable overhead and variances related to fixed overhead. True False Question 3 1 pts The labor rate variance is equal to the difference between the standard rate and actual rate, multiplied by the standard hours worked. True False The materials quantity variance compares the standard quantity of materials that should have been used to the actual quantity of materials used. True False Question 5 Achievable standards are realistically within reach and take into account normal spoilage and inefficiency. True False Question 6 1 pts The static budget responds to changes in activity level. True Filse Common fixed costs support the operations of more than one unit. True False Question 8 One simple expression of ROl is operating Income divided by average assets. True False For cost centers, "cost overruns" are expected if they are coupled with commensurate gains in revenue and profitability. True False Question 10 With a decentralized style, the top leaders make and direct the most important decisions. True False Although a balanced scorecard approach may include target thresholds that should be met, the primary focus is on improvement. True False Question 2 1 pts Variance analysis for overhead is split between variances related to variable overhead and variances related to fixed overhead. True False Question 3 1 pts The labor rate variance is equal to the difference between the standard rate and actual rate, multiplied by the standard hours worked. True False The materials quantity variance compares the standard quantity of materials that should have been used to the actual quantity of materials used. True False Question 5 Achievable standards are realistically within reach and take into account normal spoilage and inefficiency. True False Question 6 1 pts The static budget responds to changes in activity level. True Filse Common fixed costs support the operations of more than one unit. True False Question 8 One simple expression of ROl is operating Income divided by average assets. True False For cost centers, "cost overruns" are expected if they are coupled with commensurate gains in revenue and profitability. True False Question 10 With a decentralized style, the top leaders make and direct the most important decisions. True False