The Activity Variance for Revenue Is Favorable If the Revenue

question 61

True/False

The activity variance for revenue is favorable if the revenue in the flexible budget exceeds the revenue in the static planning budget.

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Definitions:

Data Type

Specifies the kind of data that can be held in a database field, such as text, number, or date.

Customer's Name

A piece of personal information representing the name of a client or purchaser typically used in transactions and record-keeping.

Simple Query Wizard

A tool in database software that guides users through the process of creating a query to select, organize, and display data from one or more tables.

Query Datasheet

A visual display of the data returned by a database query, resembling a table or spreadsheet.