Budget, which highlights difference between actual quantity and budgeted quantity is termed as

A actual cost budget
B flexible budget variance
C inflexible budget
D hourly budget

Correct Answer: flexible budget variance

Budget, which highlights difference between actual quantity and budgeted quantity is termed as flexible budget variance. A flexible budget variance is any difference between the results generated by a flexible budget model and actual results.
Bissoy MCQ
#Management #Management Accounting

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