If revenue decreases and expenses decrease, this would create: a. An...

60.1K

Verified Solution

Question

Accounting

If revenue decreases and expenses decrease, this would create:
a.
An unfavorable revenue variance and a favorable expense variance.
b.
Unfavorable revenue and expense variances.
c.
An unfavorable revenue variance and either a favorable or unfavorable expense variance, depending on how much expense should have decreased with the decrease in revenue.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students