Which of the following is an example of a favourable budget difference? (a) Actual sales are below
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Which of the following is an example of a favourable budget difference?
(a) Actual sales are below budgeted sales.
(b) Budgeted direct materials costs exceed actual direct material costs.
(c) Actual operating expense is less than budgeted operating expense.
(d) Both (b) and (c).
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Related Book For
Financial Accounting Reporting, Analysis And Decision Making
ISBN: 9780730363279
6th Edition
Authors: Shirley Carlon
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