A. favorable variance
B. unfavorable variance
C. revenue variance
D. cost variance
Correct Answer: favorable variance ✔
Last Updated: May 11, 2023
Related MCQs
- In costing and budgeting hierarchy, an example of product sustaining cost is __________?
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- If the actual result is $65000 and the static budget variance is $35000, then the static budget amount will be __________?
- An expected performance of the company is also known as __________?
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- The price variance for direct manufacturing labor is referred as __________?
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- The difference between an actual budget and the corresponding amount in static budget is classified as __________?
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- The point at which the control functions and the planning of management come together is known as __________?
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