The Amount of Actual Operating Income May Differ from the Static

question 105

Multiple Choice

The amount of actual operating income may differ from the static budget amount for operating income because ________.

• A) actual output levels were not the same as in the static budget
• B) actual variable costs were higher than expected variable costs
• C) actual fixed costs were higher than expected fixed costs
• D) all of the above

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Definitions:

Communication

The act of transferring information from one place, person, or group to another, effectively and efficiently.

Propagation

The act of reproducing, spreading, or increasing in number, commonly used in the context of plants, diseases, ideas, or information.

Collaboration

The action of working with someone to produce or create something, involving joint intellectual effort.

Articulation

The clarity and effectiveness with which thoughts, feelings, or concepts are expressed, or the process of making such expressions clear.