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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Definitions:

Power And Authority

The ability of individuals or groups to influence others and enforce rules or decisions, often backed by recognized social or legal legitimacy.

Historically

Pertaining to or dealing with events, people, or situations from the past.

Men

Adult human males, often analyzed in various contexts such as health, social roles, and demographic studies.

Essentialism

The belief that entities have a set of attributes essential to their identity and function.