Match the Variance to the Correct Definition

question 37

Multiple Choice

Match the variance to the correct definition.
-Static budget variance

• A)measures how well the business uses its materials or human resources
• B)the difference between the expected results in the flexible budget for the actual units sold and the static budget
• C)the difference between actual results and expected results in the flexible budget for the actual units sold
• D)measures how well the business keeps unit material and labor costs within standards
• E)the difference between actual results and the expected results in the static budget

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Definitions:

Protests

Public demonstrations of objection, disapproval, or dissent towards policies, actions, or situations.

Policy Officials

Individuals holding positions within government or organizations who are responsible for creating, implementing, or advising on public policy.

Legislators

Elected officials whose primary responsibility is to make laws within a legislative body.

Political Advantage

The benefit or upper hand gained in a political context, often used to further one’s influence or objectives.