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D Question 1 Statement I: The materials quantity variance is computed based on the nount of materials purchased during th Statement II: It is possible

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D Question 1 Statement I: The materials quantity variance is computed based on the nount of materials purchased during th Statement II: It is possible for total quality costs to increase as control ystems are designed and installed. o Only Statement Il is True Both Statements are True o Only Statement is True Both Statements are False Question 2 A company that has a profit can increase its return on investment by o increasing average operating assets and operating expenses by the same peso amount. o increasing sales revenue and operating expenses by the same peso amount. o decreasing average operating assets and sales by the same percentage. o increasing sales revenue and operating expenses by the same percentage. D Question 1 Statement I: The materials quantity variance is computed based on the nount of materials purchased during th Statement II: It is possible for total quality costs to increase as control ystems are designed and installed. o Only Statement Il is True Both Statements are True o Only Statement is True Both Statements are False Question 2 A company that has a profit can increase its return on investment by o increasing average operating assets and operating expenses by the same peso amount. o increasing sales revenue and operating expenses by the same peso amount. o decreasing average operating assets and sales by the same percentage. o increasing sales revenue and operating expenses by the same percentage

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