Subtracted flexible budget amount can form an actual result to calculate

A. unstated budget variance

B. flexible budget variance

C. constant budget variance

D. static budget variance

Answer: Option B

Solution(By Examveda Team)

Subtracted flexible budget amount can form an actual result to calculate flexible budget variance. A flexible budget variance is any difference between the results generated by a flexible budget model and actual results. If actual revenues are inserted into a flexible budget model, this means that any variance will arise between budgeted and actual expenses, not revenues.