When the budget being used is a static budget,the difference between actual results and budgeted results is referred to as a
A)Static swing.
B)Variable discrepancy.
C)Static budget variance.
D)Static budget fluctuation.

Question

Quizplus · Accepted Answer

The difference between actual results and budgeted results in a static budget is referred to as a static budget variance. This is because a static budget assumes a fixed level of activity and does not adjust for changes in actual activity, leading to variances between actual results and budgeted results.

When the Budget Being Used Is a Static Budget,the Difference