Question
Good morning, I would like some help answering this question please. Select the incorrect statement. A. If both the flexible budget and actual results are
Good morning,
I would like some help answering this question please.
Select the incorrect statement.
A. | If both the flexible budget and actual results are based on the actual volume of activity, the flexible budget sales variance will be attributable to sales price, not sales volume |
B. | Budget slack is the difference between deflated and realistic standards. |
C. | Gamesmanship is decreased if superiors and subordinates participate sincerely in setting mutually agreeable, attainable standards. |
D. | For performance evaluation, management should compare actual results to a flexible budget based on the actual volume of activity. |
Thank you!
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