1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
erica [24]
3 years ago
12

Which of the following statements accurately describes a flexible budget​ variance?

Business
1 answer:
yulyashka [42]3 years ago
5 0

Answer: Option B

         

Explanation: In simple words, flexible budget variance refers to the difference between the results that were predicted by the flexible budget model and the actual results.

Flexible budgets are not rigid and are made on some assumptions the difference arises due to variance in the level of variable expenses that were incorrectly predicted by the model.

Hence the correct option is B.

You might be interested in
From the ledger balances below, prepare a trial balance for Cullumber Company at June 30, 2017. All account balances are normal.
V125BC [204]

Explanation:

The preparation of the trial balance is presented below:

                                       Cullumber Company

                                           June 30, 2017

                                              Trial Balance  

Particulars                                   Debit                                      Credit  

Service revenue                                                                         $7,750

Cash                                           $8,000

Accounts Payable                                                                       $8,750

Common stock                                                                            $22,800

Dividend                                      $2,550                                                

Equipment                                   $18,050

Rent  expense                             $2,750

Salaries and wages expense      $3,200

Accounts receivable                   $4,750

Total                                             $39,300                                  $39,300

7 0
3 years ago
Workers describe me as realistic
GrogVix [38]

Answer: I don't understand the question..more information?

Explanation:

3 0
3 years ago
Read 2 more answers
Describe three different ways decision makers might select projects while considering both financial and non-financial factors
Anestetic [448]
Below are the three different ways decision makers might select projects while considering both<span> financial and non-financial factors:

1. Financial analysis can be the main strategy for choosing ventures. 
2. Financial analysis can be a screening gadget to qualify potential undertakings for thought utilizing a scoring model to settle on determination choices. 
3. Financial analysis can be one factor in a multi-factor scoring model used to choose ventures</span>
8 0
3 years ago
An oligopoly market structure is distinguished by several characteristics, one of which is mutual interdependence. What are some
anyanavicka [17]

<u>Answer</u>:

An oligopoly market structure is distinguished by several characteristics, one of which is mutual interdependence. There is some other characteristics of this market structure which is as follows:

C: Market control by a few large firms

<u>Explanation</u>:

“Oligopoly” is a market structure in which only some sellers offer similar or identical products. This means only small group of companies are dominating one specific segment of the market. In case any new company tries to enter the same segment, it is difficult for it get established as there are certain barriers created by the existing companies of that segment.  

So, option A is incorrect as it says, “either identical or differentiated products” as the characteristic. Option B is also not correct as it says, “Market control by many small firms” and option D says “No Entry” which is also incorrect.

7 0
4 years ago
In 2020, Antle Inc. had acquired Demski Co. and recorded goodwill of $275 million as a result. The net assets (including goodwil
Luda [366]

Answer:

The correct answer is $0

Explanation:

Solution

An Impairment loss recognized when  a book value of reporting company is more than its fair value, In the given example, the book value is not more than its fair value or higher than the value, hence the amount of the impairment loss that Antle Inc would record for goodwill at the end of 2021 is: Impairment loss is $0

7 0
3 years ago
Other questions:
  • A company purchased a delivery truck on January 1, 2021, for $100,000. The truck has an estimated life of 10 years and an estima
    9·1 answer
  • What is the difference between a horizontal merger and a vertical merger? A horizontal merger is a merger A. between firms of di
    15·1 answer
  • Jervis sells $3,900 of its accounts receivable to Northern Bank in order to obtain necessary cash. Northern Bank charges a 3% fa
    7·1 answer
  • Toward the end of the selection process, Eleanor is one of two final candidates. She meets with the company's executive vice-pre
    8·1 answer
  • NASA is a government organization independent from the executive departments but with a narrower focus on space science and mann
    14·1 answer
  • The __________, which is developed from the previous four steps of the human resource planning process, addresses how the firm w
    15·1 answer
  • Marko, Inc. is considering the purchase of ABC Co. Marko believes that ABC Co. can generate cash flows of $6,600, $11,600, and $
    14·1 answer
  • Blossom Corporation had net sales of $2,410,900 and interest revenue of $36,700 during 2017. Expenses for 2017 were cost of good
    15·1 answer
  • Suppose a stock had an initial price of $75 per share, paid a dividend of $1.55 per share during the year, and had an ending sha
    9·1 answer
  • You are a business information expert and have been hired by the independent bookstore, Alexandria, to increase profits and effi
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!