Multiple Choice
Which of the following is NOT a benefit of a static budget performance report?
A) It is useful in evaluating a manager's effectiveness when actual sales approximate budgeted amounts.
B) It is useful in evaluating a manager's control over fixed costs.
C) It is useful in evaluating a manager's control over variable costs.
D) It is useful in evaluating a manager's control over fixed selling and administrative expenses.
Correct Answer:
Verified
Correct Answer:
Verified
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Q202: Marlin Manufacturing uses a standard cost
Q203: The static budget is used to compute
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Q209: A static budget is prepared for only
Q210: A cost variance measures the difference in
Q211: Because it is a cost variance,the fixed