Question: Knowledge Check 01 The difference between the actual cost and budgeted cost at the actual level of activity is called a(n) spending variance O activity

Knowledge Check 01 The difference between the actual cost and budgeted cost at the actual level of activity is called a(n) spending variance O activity variance O unfavorable variance O revenue variance Knowledge Check 02 The difference between the actual total revenue and budgeted total revenue at the actual level of activity is called a(n). O spending variance O activity variance O unfavorable variance O revenue variance

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