Question: please answer chapter 3 Budgetting 11. A budget that is adjusted in 5 points accordance with changes in actual output is called * O A)

please answer chapter 3 Budgetting

11. A budget that is adjusted in 5 points accordance with changes in actual output is called * O A) a balanced budget. B) a cost budget. C) a flexible budget. D) a trial balance budget. 0000 E) a static budget. 12. Some financial variances 5 points show increases in operating income relative to a budgeted or allocated amount, and others show decreases in operating income. Respectively, these variances are * O A) budgeted, standard. 0 B) favourable, unfavourable. O C) standard, budgeted. O D) unfavourable, favourable

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