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Question 1 Not yet answered Marked out of 1.00 Flag question General Insurance Company had a static budgeted operating income of $4.6 million; however, actual
Question 1 Not yet answered Marked out of 1.00 Flag question General Insurance Company had a static budgeted operating income of $4.6 million; however, actual income was $3.0 million. What is the static budget variance of operating income? Select one: a. $3,000,000 favourable b. $1,600,000 favourable c. 1,000,000 favourable d. $1,600,000 unfavourable
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