The Activity Variance for Revenue Is Favorable If the Actual

question 330

True/False

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

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Definitions:

Negative Reinforcement

Negative reinforcement is a behavioral principle where the removal of an unfavorable condition strengthens or increases the likelihood of a desired behavior.

Behaviour

Refers to the actions or reactions of an object or organism, usually in relation to their environment.

Negative Stimulus

An unfavorable event or situation that elicits a response or reaction, often used in conditioning and behavioral studies.

Piece Rate Pay

A compensation system where employees are paid based on the amount of work completed, not on the amount of time worked.