ExamVeda
Login
Home

In static budget difference between corresponding budgeted amount and actual result...

This question belongs to Management Management Accounting
Management Accounting
?

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

Answer & Solution
Correct Answer: Option D
In static budget, difference between corresponding budgeted amount and actual result is called static budget variance. Static budget variances are the differences between what a company or individual thought it would spend in its budget versus what it actually did.
Examveda
Question posted by Examveda
Community

Join the Discussion

No comments yet Be the first to discuss this question.
Keep Learning

Related Questions on Management Accounting

In value chain analysis, coordination, acquiring and assembling of resources to produce a product is classified as
A. resourcing B. value acquiring C. production D. value acquaintance
Examining of past performance, exploring alternative and planning future is
A. learning B. alternating C. examining D. deciding
Time that a company takes to create and produce a new product is classified as
A. management factor B. time factor C. customer factor D. chain factor
Purpose of management accounting is to
A. past orientation B. help banks make decisions C. help managers make decisions D. help investors make decision
More Related Questions on Management Accounting