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.
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A bank statement shows a balance of $2,970.31 The check register of the account owner shows an ...