The static budget variance equals the ________ variance plus the ________ variance.
A)flexible budget; activity-level
B)flexible budget; variable budget
C)variable budget; fixed budget
D)sales activity; strategic budget

Question

Quizplus · Accepted Answer

The static budget variance is the difference between the actual results and the budgeted results. The flexible budget variance represents the difference between the flexible budget and the actual results, while the activity-level variance represents the difference between the flexible budget and the static budget. Therefore, the static budget variance equals the flexible budget variance plus the activity-level variance.

The Static Budget Variance Equals the ________ Variance Plus the ________

The Static Budget Variance Equals the Variance Plus the