Which of the Following Statements Is NOT True

question 51

Multiple Choice

Which of the following statements is NOT true?

• A)The volume variance for fixed cost will always be zero.
• B)The flexible budget variance is the comparison of actual results to the flexible budget.
• C)The flexible budget variance for fixed costs will always be zero.
• D)When a flexible budget is used in a performance report, it is prepared for the actual level of units sold.

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