The Flexible Budget Variance

question 62

Multiple Choice

The flexible budget variance:

• A) directs management's attention to specific reasons for why budgeted income differed from actual operating income.
• B) compares the static budget to the flexible budget.
• C) removes any differences between budgeted operating income and actual operating income that are attributable to differences in budgeted and actual volume.
• D) is most often used to determine whether or not there is sufficient demand for a company's product.

---

Definitions:

Anger

A strong feeling of displeasure or hostility triggered by what is perceived as wrong, injustice, or frustration.

Good-News Letter

A communication sent to share positive information, news, or updates with the recipient.

Job Offer

A formal proposal provided by an employer to a candidate, outlining the terms of employment, including position, salary, and benefits.

Employment Possibilities

Opportunities or prospects for obtaining work or a job in a specific field or industry.