This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A favorable variance is a variance that (Read 62 times)

haydenjmcm

  • Full Member
  • ***
  • Posts: 161
on: Feb 5, 2023

Question 1

The difference between actual results and master budget amounts is referred to as
◦ an efficiency variance.
◦ a static budget variance.
◦ a flexible budget variance.
◦ a spending variance.

Question 2

A favorable variance is a variance that
◦ increases operating income relative to the budgeted amount.
◦ increases costs relative to the budgeted amount.
◦ decreases operating income relative to the budgeted amount.
◦ decreases cash relative to the budgeted amount.
Managerial Accounting ¦ Davis ¦ 4th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by haydenjmcm on Feb 5, 2023

jamezpowell

  • Full Member
  • ***
  • Posts: 164
Reply #1 on: Feb 5, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


haydenjmcm

  • Member
  • Posts: 161
Reply 2 on: Feb 5, 2023
Thanks for the timely response, appreciate it

juliaf

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Example of variance documentation Example of variance documentation
How to manually find the mean, variance, and standard deviation for a set of numbers How to manually find the mean, variance, and standard deviation for a set of numbers
Contribution of enthalpy and entropy to several favorable processes Contribution of enthalpy and entropy to several favorable processes
Distributions and variance Distributions and variance
Sources of phenotypic variance Sources of phenotypic variance
Video: Bond types - Atomic structure and basis of bonds

For a complete list of videos, visit our video library