Efficiency is indicated by _____.
A)sales-activity variances
B)static-budget variances
C)flexible-budget variances
D)all of these answers are correct

Question

Quizplus · Accepted Answer

Efficiency is indicated by flexible-budget variances because it measures the difference between actual costs and actual revenues and the costs and revenues that should have been incurred or earned, based on the actual level of activity. Sales-activity variances measure the difference between actual sales and budgeted sales, while static-budget variances measure the difference between actual costs and budgeted costs at a specific level of activity.

Efficiency Is Indicated by _____