Which of the following is true about an unfavorable variance appearing in a performance report?
A)Actual revenue exceeded budgeted revenue.
B)Budgeted expense exceeded actual expense.
C)Budgeted variable costs exceeded actual variable costs.
D)Budgeted revenue exceeded actual revenue.

Question

Quizplus · Accepted Answer

An unfavorable variance occurs when actual results are worse than budgeted results. In this case, budgeted revenue exceeding actual revenue indicates an unfavorable variance.

Which of the Following Is True About an Unfavorable Variance