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
Answer: Option B
Solution (By Examveda Team)
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.This Question Belongs to Management >> Management Accounting
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