Author Question: A favorable variance indicates that ________. A) budgeted costs are less than actual costs B) ... (Read 70 times)

mpobi80 · **on:** Jul 5, 2018

A favorable variance indicates that ________.

A) budgeted costs are less than actual costs
B) actual revenues exceed budgeted revenues
C) actual operating income is less than the budgeted amount
D) budgeted contribution margin is more than the actual amount

Question 2

In an entity-relationship diagram, ____ are used to show the characteristics of relationships.
a. squares
b. circles
c. diamonds
d. parallelograms