Complete the following statements with one of the terms listed here. You may use a term more

Question:

Complete the following statements with one of the terms listed here. You may use a term more than once. Some terms may not be used at all.

a. A( n) _____ is a budget prepared for a different volume level than that which was originally anticipated.
b. The difference between the flexible budget and actual results is called the _____.
c. _____ measures the profitability of a division relative to the size of its assets.
d. If budgeted salary expense is higher than the actual salary expense, then a(n) _____ will result.
e. A( n) _____ manager is responsible for generating revenue.
f. The _____ arises only because the actual volume sold differs from the volume originally anticipated in the master budget.
g. _____ shows how much sales revenue is generated with every $ 1.00 of assets.
h. If budgeted sales revenue is greater than the actual sales revenue, then a( n) _____ will result.
i. _____ is a management technique in which managers only investigate budget vari-ances that are relatively large.
j. The legal department of a manufacturer is considered to be a( n) _____.
k. The headquarters for an international consulting firm is considered to be a( n) _____.
l. Fixed expenses that can be traced to the segment are called _____.
m. _____ shows how much income is generated for every $ 1.00 of sales.
n. _____ are included on balanced scorecards and help managers assess how well the company€™s objectives are being met.
o. The difference between actual results and the master budget is called the _____.
p. When the goals of the segment managers in a company are the same, then _____ is achieved.
q. The local branch office of a national bank is considered to be a( n) _____.
r. Fixed expenses that cannot be traced to the segment are called_____.