Question: When the budgeted amount is a financial variable reported by the accounting system, a variance: Group of answer choices is the difference between an actual

When the budgeted amount is a financial variable reported by the accounting system, a variance:

Group of answer choices

is the difference between an actual result and a budgeted amount.

may or may not be a standard amount.

may or may not be a benchmark amount.

All of these are correct.

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