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Author Question: The ____________________ is used when a single line is drawn through the incorrect account title or ... (Read 27 times)

jenna1

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on: Jul 5, 2018
The ___________________ _ is used when a single line is drawn through the incorrect account title or amount and the correct information is written directly above the line.
 Fill in the blank(s) with correct word

Question 2

Regier Company had planned for operating income of 10 million in the master budget but actually achieved operating income of only 7 million.
 
  A) The static-budget variance for operating income is 3 million favorable.
  B) The static-budget variance for operating income is 3 million unfavorable.
  C) The flexible-budget variance for operating income is 3 million favorable.
  D) The flexible-budget variance for operating income is 3 million unfavorable.


peilian

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Reply #1 on: Jul 5, 2018
Answer to Question 1

ruling method

Answer to Question 2

Answer: B


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