An Unfavorable Flexible-Budget Variance for Variable Costs May Be the Result

question 60

Multiple Choice

An unfavorable flexible-budget variance for variable costs may be the result of ________.

• A) using more input quantities than were budgeted
• B) paying lower prices for inputs than were budgeted
• C) selling output at a higher selling price than budgeted
• D) selling less quantity compared to the budgeted

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Definitions:

Checking Account

A bank account that allows for both deposits and withdrawals, typically used for day-to-day financial transactions.

Cashier's Check

A check issued by a bank, drawing on its own funds rather than on the account of a private individual, offering a secure means of payment.

Checking Account

A bank account that allows the holder to withdraw funds using checks or a debit card, typically used for daily transactions.

Deposit

A sum of money placed into an account or given as a security for the future payment of a service.