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94 Which of the following statements is true? Multigie Choice The spending variance for a fixed wxpense will equal zero if the actual expense incurred
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Which of the following statements is true? Multigie Choice The spending variance for a fixed wxpense will equal zero if the actual expense incurred equals the expense expected fot the actual fevel of activity. The spending variance for a foxed expense will be unfavorabie if the amount of the expense contained in the fiexible budget is greater than the actual amount of the expense. The spending variance for a fixed expense wir be unfavorable if the amount of the expense contained in the flexithe budget is less than the planned amount of the expense. The spending varfance for a fixed expense can be favorable or unfavorable depending on whether the actual expense is greater than or less than the planned expense. Which of the following statements is true? Multigie Choice The spending variance for a fixed wxpense will equal zero if the actual expense incurred equals the expense expected fot the actual fevel of activity. The spending variance for a foxed expense will be unfavorabie if the amount of the expense contained in the fiexible budget is greater than the actual amount of the expense. The spending variance for a fixed expense wir be unfavorable if the amount of the expense contained in the flexithe budget is less than the planned amount of the expense. The spending varfance for a fixed expense can be favorable or unfavorable depending on whether the actual expense is greater than or less than the planned expense Step by Step Solution
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