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An activity (or volume) variance is best described as: Select one: a: The difference between a revenue or cost item in the flexible budget and
An activity (or volume) variance is best described as: Select one: a: The difference between a revenue or cost item in the flexible budget and the same item in the static budget b. The difference between a revenue or cost item in the flexible and another item in the static budget. The difference between a revenue or cost item in the flexible budget and the same item in the actual budget d. The difference between a revenue or cost item in the flexible and another item in the actual budget
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