A Favorable Flexible Budget Variance for Variable Expenses Would Indicate

question 32

Multiple Choice

A favorable flexible budget variance for variable expenses would indicate that:

• A)fewer units were actually sold than the company had anticipated.
• B)actual variable expenses of the company were less than the flexible budget variable expenses.
• C)more units were actually sold than the company had originally budgeted to sell.
• D)actual variable expenses were higher than the flexible budget variable expenses.

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Definitions:

Reticular Activating System

A network of neurons located in the brainstem that plays a crucial role in regulating arousal and sleep-wake transitions.

Awareness

The knowledge or perception of a situation or fact, often referring to the ability to directly know and perceive, to feel, or to be cognizant of events.

Stream of Consciousness

A literary style or mental process where thoughts and feelings are presented in a continuous flow, mimicking the human mind's natural operation.

Circadian Rhythm

The physical, mental, and behavioral changes that follow a daily cycle, responding primarily to light and darkness in an organism's environment.