Question: The difference between operating income on a flexible budget and actual operating income is called the: standard variance. efficiency variance. sales price variance flexible budget

The difference between operating income on a flexible budget and actual operating income is called the:

standard variance.

efficiency variance.

sales price variance

flexible budget variance.

Step by Step Solution

3.46 Rating (156 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

flexible budget variance The flexible budget varianc... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!