A Flexible-Budget Variance Is $800 Favourable for Unit-Related Costs

question 200

Multiple Choice

A flexible-budget variance is $800 favourable for unit-related costs.This indicates that costs were:

• A)$800 less than the standard for the achieved level of activity.
• B)$800 more than the standard for the achieved level of activity.
• C)$800 more than the master budget.
• D)$800 less than for the planned level of activity.

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Definitions:

Human Rights

Refers to the basic rights and freedoms that are guaranteed to every person, regardless of nationality, place of residence, sex, national or ethnic origin, color, religion, language, or any other status.

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NSC-68

Top-secret policy paper approved by President Truman in 1950 that outlined a militaristic approach to combating the spread of global communism.

Military Buildup

An increase in the size and strength of a country's armed forces, often in preparation for potential conflicts or as a means of asserting geopolitical influence.