Which of the Following Will Not Result in an Unfavorable

question 105

Multiple Choice

Which of the following will not result in an unfavorable controllable margin difference?

• A) Sales exceeding budget; costs under budget
• B) Sales exceeding budget; costs over budget
• C) Sales under budget; costs under budget
• D) Sales under budget; costs over budget

---

Definitions:

Chart of Accounts

A systematic listing of all ledger account names and numbers used by a company, organized by the assets, liabilities, equity, revenue, and expenses.

Closing Entry

Journal entries made at the end of an accounting period to transfer temporary account balances to permanent accounts and prepare the company's books for the next period.

Debit and Credit

Fundamental concepts in double-entry bookkeeping, where debits are entries on the left side of an account and credits are entries on the right.