on 5 In the executing stage of management cycle, managers check for variances, between budgets and actual performance, ed out of Select one: True question O False on 6 Generally accepted accounting principles is the main criteria for making financial accounting reports, ed Select one: I out of True False question Which of the following is true about variable costs? tion 8 yet Jered Select one: ked out of a. None of the above Flag question O b. Variable costs are constant in total across changes in activity c. Variable costs vary in total across changes in activity d. Variable costs vary on a per unit basis .9 Margin of safety is used to determine probable profit or loss at any given level of production, Select one: out of True False