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Thank you for helping me out Chegg Tutor! Much appreciated! :) QUESTION 3 Which of the following budgeted revenues has an unfavourable variance a. Interest

Thank you for helping me out Chegg Tutor! Much appreciated! :)

QUESTION 3

  1. Which of the following budgeted revenues has an unfavourable variance

    a.

    Interest $2 000; actual interest revenue $1 400

    b.

    Dividends $7 500; actual dividends revenue $8 500

    c.

    Rent $4 000; actual rent revenue $4 000

    d.

    Credit sales $64 000; actual credit sales $65 000

    e.

    Cash sales $50 000; actual cash sales $70 000

1 points

QUESTION 4

  1. Non-financial performance measures should be:

    a.

    User friendly.

    b.

    Linked to the organisations goals.

    c.

    All of the options are correct.

    d.

    Well-defined.

    e.

    Limited in number.

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