An Unfavorable Variance Is a Variance That

question 92

Multiple Choice

An unfavorable variance is a variance that

• A)increases cash relative to the budgeted amount.
• B)decreases costs relative to the budgeted amount.
• C)increases operating income relative to the budgeted amount.
• D)decreases operating income relative to the budgeted amount.

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Definitions:

Suspending Veto

The temporary or permanent removal of the power to reject or block decisions or legislation, usually in a political context.

National Assembly

A legislative body in various countries, which can be a form of parliament or assembly with wide powers typically established during or after a revolutionary period.

Paris Parlement

The supreme court of justice in pre-revolutionary France, known for registering royal edicts and sometimes resisting the king's authority by refusing to register policies.

National Assembly

is a legislative body in various countries, and it is often the lower house of a bicameral legislature or a unicameral legislature.