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tiny-mole [99]
1 year ago
12

Fill in the blank question. the difference between a revenue or cost item in the planning budget and the same item in the flexib

le budget at the actual level of activity is a(n) _____variance.
Business
1 answer:
Kaylis [27]1 year ago
6 0

The difference between a revenue or cost item in the planning budget and the same item in the flexible budget at the actual level of activity is a(n) activity variance.

A flexible budget is a budget or financial plan of estimated cost and revenue for different output levels. The variation happens due to the change in the volume or level of activity.

It sets the standard to measure the variances of the budget estimates and the actual performance of the company for control purposes. Further, it can be prepared either for the whole company or a specific department or unit.

In brief, a flexible budget is a budget that distinguishes the behavior of fixed and variable cost that changes. And changes that happen with the level of activity attained, or change in the revenue or other variable factors.

Learn more about flexible budget here

brainly.com/question/16017304

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1. When Heidi Ganahl talks with franchisees about performance expectations and measurements, what part of the management process
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The following data are taken from the unadjusted trial balance of the Westcott Company at December 31, 2017. Complete the worksh
Alex17521 [72]

Answer:

The total of adjusted trial balance debit and credit side is $159 after posting the given transactions. The sheet is attached with the full working showing both of the trial balances - un-adjusted and adjusted one.

Explanation:

Following journal entries were posted in the trial balance to adjust it.

<u>Transaction a:</u>

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Credit: accumulated depreciation $3

<u>Transaction b: </u>

Debit: salaries expense $6

Credit: accrued salaries $6

<u>Transaction c:</u>

Debit: Unearned revenue $12

Credit: Revenue $12

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<u>Transaction d:</u>

Debit: supplies expense $9

Credit: supplies $9

<u>Transaction e:</u>

Debit: insurance expense $15

Credit: Insurance prepaid $15

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Download docx
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A key characteristic of pandemic influenzas is that they:
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Answer:

The correct option is D

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A key characteristic of pandemic influenzas is that they have the ability to mutate rapidly. When the immunity of human increases the pandemic virus changes.

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