A Flexible-Budget Variance Measures the Impact on Short-Term Operating Profit

question 82

Multiple Choice

A flexible-budget variance measures the impact on short-term operating profit of:

• A) Changes in sales volume.
• B) Changes in output during the period.
• C) Differences in sales mix—budgeted versus actual.
• D) Selling price and cost differences—actual versus budgeted.
• E) Selling price, but not cost, differences—actual versus budgeted.

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