Question

What is the difference between master budget and Actual result of a business enterprise performance?
A. Total master budget variance
B. Flexible budget variance
C. Activity level variance
D. yield variance
E. None of the above.

Answer 1

Answer:

B Flexible budget variance

Explanation:

Budget variance can indicate a department's or company's degree of efficiency, since they

emerge from a comparison of what was with and what should have been