31 The equation Variance= Actual- Budgeted is called: of 1 Select one: o a. Variance analysis O b. Revenue variance c. Financial variance O d. Budget analysis o The expenditure on long-term assets over time to show their declining value due to use is called: of 1 Select one: O a. Devaluation O b. Downgrading c. Interest O d. Depreciation The financial analysis of the capital expenditure can be performed by all of the following methods EXCEPT: Select one: 3. Net present value 6. Payback period C Cash flow period di Internal rate of retum