Question: Hello! I need help in these two questions. 1. What kind of variance results from a difference between the flexible budget and the actual data?
Hello! I need help in these two questions.
1. What kind of variance results from a difference between the flexible budget and the actual data? *
a) Spending
b) Activity
c) Pre-determined
d) Evaluation
e) none of the above
2. What kind of variance is the result when the budgeted amount is more than the actual amount? *
a) Zoning
b) Unfavorable
c) Favorable
d) Planning
e) Flexible
f) none of the above
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