Examlex
Which of the following are actions you can set for a command button when you use the Command Button Wizard? Select all the options that apply.
Variances
Differences between planned or expected financial outcomes and the actual results.
Standard Direct Materials
The budgeted cost for direct materials which are the raw materials that can be directly attributed to the production of goods, used for budgeting and performance evaluation.
Actual Materials Price
The real cost incurred to acquire materials used in the production process, as opposed to the budgeted or standard cost.
Standard Price
A predetermined cost assigned to materials, used for budgeting and variance analysis.
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