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.

---

Definitions:

Productive Organizations

Entities that are efficient in converting inputs into outputs, leading to high levels of output per employee or resource.

Global Network

An interconnected system of communication and technology spanning across geographical boundaries worldwide.

Internet

A global network of computers that allows for the communication, exchange, and sharing of information across vast distances through interconnected networks using standardized communication protocols.

Design-It-In Approach

A proactive strategy in product development focusing on incorporating essential features, performance measures, and compliance aspects from the beginning, to prevent problems rather than fixing them later.