Listed Below Are Six Terms Followed by a List of Phrases

question 103

Multiple Choice

Listed below are six terms followed by a list of phrases that describe or characterize the terms.Match each phrase with the best term by placing the letter designating the term in the space provided.
-____ Sell office building.

• A)Cash inflow from operating activities
• B)Cash outflow from financing activities
• C)Cash outflow from operating activities
• D)Cash inflow from investing activities
• E)Cash inflow from financing activities
• F)Cash outflow from investing activities

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Definitions:

Unfavorable

A term used in variance analysis to describe a variance that leads to a decrease in profit compared to budgeted or standard costs.

Fixed Manufacturing Overhead

The portion of total manufacturing overhead costs that does not vary with the level of production or output.

Budget Variance

The difference between budgeted and actual figures for revenues or costs, indicating the degree of control over business operations.

Budget Variance

The difference between the budgeted amounts and the actual amounts spent or received.