In the static budget, the difference between corresponding budgeted amount and actual result is called __________?

Related Mcqs:

1. If an actual result in static budget is $2500 and the corresponding budgeted amount is $2200, then the static budget variance will be __________?

   A. $3,000
   B. $300
   C. $4,700
   D. $4,500

2. If an actual result in static budget is $2500 and the corresponding budgeted amount is $2200, then the static budget variance will be _________?

   A. $3,000
   B. $300
   C. $4,700
   D. $4,500

3. In the static budget, the difference between corresponding budgeted amount and actual result is called ____________?

   A. sales mix variance
   B. sales volume variance
   C. flexible budget variance
   D. static budget variance

4. The difference between actual result and corresponding amount of flexible budget, on the basis of actual level of output is classified as __________?

   A. sales mix variance
   B. sales volume variance
   C. flexible budget variance
   D. static budget variance

5. The difference between an actual budget and the corresponding amount in static budget is classified as ___________?

   A. correspondent budget
   B. full budget variance
   C. methodology variance
   D. static budget variance

6. The difference between the flexible budget amount and the corresponding static budget amount is classified as ___________?

   A. sales revenue variance
   B. cost profit variance
   C. profit volume variance
   D. sales volume variance

7. The difference between corresponding static budget and flexible budget amount is called __________?

   A. sales volume variance
   B. sales mix variance
   C. sales quantity variance
   D. market share variance

8. The difference between actual result and corresponding amount of flexible budget, on the basis of actual level of output is classified as ____________?

   A. sales mix variance
   B. sales volume variance
   C. flexible budget variance
   D. static budget variance

9. The difference between corresponding static budget and flexible budget amount is called ___________?

   A. sales volume variance
   B. sales mix variance
   C. sales quantity variance
   D. market share variance

10. If an actual result is $5500 and corresponding amount of flexible budget on the basis of actual level of output is $3500, then flexible budget variance will be __________?

    A. $2,500
    B. $5,500
    C. $3,500
    D. $2,000