For ____________ items,a favourable variance occurs when actual revenues exceed budgeted revenues.
A)cost
B)estimated
C)budgeted
D)revenue

Name: For ____________ items,a favourable variance occurs when actual revenues exceed budgeted revenues. A)cost B)estimated C)budgeted D)revenue
Brand: Quizplus
Rating: 4.8 (33 reviews)

Question

Quizplus · Accepted Answer

The statement specifies that actual revenues are being compared to budgeted revenues. Therefore, the correct answer is revenue. A favourable variance in revenue occurs when actual revenues exceed budgeted revenues.

For ____________ Items,a Favourable Variance Occurs When Actual Revenues Exceed