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Author Question: Performance reports for cost centers should compare actual versus budget ________ costs. (Read 191 times)

Marty

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Question 1

Budgets used for internal planning purposes and performance evaluation should be developed on the basis of
◦ responsibility accounting.
◦ generally accepted accounting principles.
◦ financial accounting standards.
◦ managerial accounting standards.

Question 2

Performance reports for cost centers should compare actual versus budget ________ costs.
◦ controllable
◦ uncontrollable
◦ fixed
◦ variable


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Marked as best answer by Marty on Apr 8, 2019

tjayeee

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Marty

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Reply 2 on: Apr 8, 2019
YES! Correct, THANKS for helping me on my review


zacnyjessica

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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