A Company Is Analyzing Its Month-End Results by Comparing It

question 173

Multiple Choice

A company is analyzing its month-end results by comparing it to both static and flexible budgets.During the previous month,the actual fixed costs were lower than the expected fixed costs as per the static budget.This difference results in a(n) ________.

• A) unfavorable flexible budget variance for fixed costs
• B) favorable sales volume variance for fixed costs
• C) favorable flexible budget variance for fixed costs
• D) unfavorable sales volume variance for fixed costs

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Definitions:

Ottoman Scholar Class

Refers to the group of educated elite in the Ottoman Empire, often involved in law, administration, and religious teaching, playing a crucial role in society and governance.

Western Ideas

Concepts, philosophies, and ideologies that originated or were popularized in Western Europe and North America, often associated with values such as democracy, individualism, and progress.

China

A country in East Asia, the world's most populous nation, with a rich history, diverse cultures, and significant influence on global affairs.

Japan

Situated in the Pacific, Japan stands as a nation steeped in a blend of modern innovation alongside deep-rooted cultural practices and is noted for its significant contributions to global culture and technology.