Examlex
The direct materials flexible budget variance can be divided into which of the following two variances?
Expected Return
Expected return is the anticipated amount of profit or loss an investment is projected to generate, based on historical or forecasted performance.
Warrants
Warrants are a type of security that gives the holder the right to purchase a company’s stock at a specific price until the expiration date.
Long-term Call Options
Financial derivatives granting the holder the right, but not the obligation, to buy a security at a fixed price within a specific long-term period.
Exercise Price
The price stated in the option contract at which the security can be bought (or sold). Also called the strike price.
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