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    Accounting Business Reporting Study Set 1
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    Exam 9: Budgeting
  5. Question
    The Difference Between Budgeted Amounts and an Entity's Actual Results
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The Difference Between Budgeted Amounts and an Entity's Actual Results

Question 29

Question 29

Multiple Choice

The difference between budgeted amounts and an entity's actual results is called a:


A) control tool.
B) budget error.
C) variance.
D) excess.

Correct Answer:

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