Matching question: select the most appropriate concept for each of the following statement. The concept must be used once. Costs of lost sales as a result of not having an item requested by a customer A method of investment analysis that expresses future cash flows in terms of their value today. A The costs that result when features and characteristics of a product or service are not in conformance with the customer specifications Variances where the actual prices or quantities are less than the standard Approach that has managers only investigate exceptional variances Value of the benefits foregone when one decision alternative is selected over another. Costs that increase or decrease in per unit basis in response to increases or decreases in the level of business activity. Difference between the revenues and total variable costs Difference between actual revenues and budgeted revenues Comprehensive planning document that incorporates a number of individual budgets Choose... Choose. Choose... Choose... Choose Choose. Choose Choose Choose Choose + ✰ + # + ✰ # + +

Q: A7

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