Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. which of the following statements is true? multipl

Which of the following statements is true? Multiple Choice The revenue variance will equal zero...

70.2K

Verified Solution

Question

Accounting

image
Which of the following statements is true? Multiple Choice The revenue variance will equal zero If the actual revenue earned equals the revenue expected for the actual level of activity The revenue variance will be favorable If the revenue in the flexible budget exceeds the revenue in the planning budget. The revenue variance can be favorable or unfavorable depending on the formula used to create the flexible budget The revenue variance can be favorable or unfavorable depending on the planned level of activity

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