A flexible-budget variance is 600 favorable for unit-related costs. This indicates that costs were ________.
A) 600 more than the master budget
B) 600 less than for the planned level of activity
C) 600 more than standard for the achieved level of activity
D) 600 less than standard for the achieved level of activity
Question 2
A(n) ___________________ _ can be prepared daily, weekly, monthly, or whenever desired to prove the equality of the debits and credits in the ledger accounts.
Fill in the blank(s) with correct word
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