The Static-Budget Variance Is the Difference Between ________

question 41

Multiple Choice

The static-budget variance is the difference between ________.

• A) an actual result and the corresponding budgeted amount in the static budget
• B) the budget amount in the static budget and the amount in the flexible budget
• C) an actual result and the flexible budget amount
• D) the static budget amount and the sales-volume variance

---

Definitions:

Favorable

Describes something that is advantageous, positive, or beneficial in nature.

Attribution Theory

A concept in psychology that explains how individuals pinpoint the causes of their own and others' behavior.

Dispositional

Pertaining to one's inherent qualities of mind and character, often used in psychology to describe a person's natural tendencies or personality traits.

Situational

Relating to or dependent on a particular set of circumstances or context.