General Insurance Company Had a Static Budgeted Operating Income of $4.6

question 176

Multiple Choice

General Insurance Company had a static budgeted operating income of $4.6 million; however, actual income was $3.0 million.What is the static budget variance of operating income?

• A)$1,000,000 favourable
• B)$1,000,000 unfavourable
• C)$1,600,000 favourable
• D)$3,000,000 favourable
• E)$1,600,000 unfavourable

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Form View

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A concept in database management ensuring that each table has a primary key and that this key uniquely identifies each row in the table.