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Author Question: Variances for variable costs will be misleading when the planned output differs from budgeted ... (Read 41 times)

javeds

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Question 1

As responsibility reports are rolled up into reports for higher level executives, they
◦ become less detailed.
◦ become more detailed.
◦ become narrower in scope.
◦ become wider in scope.

Question 2

Variances for variable costs will be misleading when the planned output differs from budgeted output. A solution to this problem would be
◦ to use a stricter budgeting process.
◦ to use flexible budgeting.
◦ to better predict the final output.
◦ to allow more judgement involve in the budgeting process.


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Marked as best answer by javeds on Apr 8, 2019

juiceman1987

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javeds

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Reply 2 on: Apr 8, 2019
Gracias!


momolu

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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