Static budget amount is subtracted from actual result to calculate
A. static budget receipts
B. static budget deviation
C. static budget variance
D. multiple budget variance
Answer: Option C
Solution (By Examveda Team)
Static budget amount is subtracted from actual result to calculate static budget variance. The static budget is used as the basis from which actual results are compared. The resulting variance is called a static budget variance.This Question Belongs to Management >> Management Accounting
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