A Spending Variance Is Calculated by Comparing Actual Costs with the Static

question 94

True/False

A spending variance is calculated by comparing actual costs with the static budget.A spending variance is calculated by comparing actual costs with the flexible budget.

---

Definitions:

Macro Practice

A social work approach focusing on large-scale social processes and structures, aiming at societal change and reform.

Generalist Practice

An approach in social work that equips practitioners with a broad range of skills to address a variety of problems in different settings.

Coalition

An alliance or partnership between groups or individuals, often formed to achieve a common goal or address a shared concern, leveraging collective resources and efforts.

Economic Justice

A concept or ideal that aims for fair access to economic resources and opportunities, ensuring equitable wealth distribution and financial fairness among individuals and communities.