Q5) What is Passive Monitoring? a) Directly rewarding employees when favorable variances are achieved b) Monitoring and setting performance parameters but not linking bonuses directly to variance performance c) Not tracking or monitoring variances within a company d) Infrequently monitoring and measuring variances e) Engaging with employees on a weekly basis to set targets and goals Question 6 Q6) If a company were to make a large investment into employee training, it would be reasonable to expect that: a) The defect and spoilage rates would be unfavorable b) The direct labour efficiency variance would be favorable c) The sales mix variance would be unfavorable d) The direct material rate variance would be favorable