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Which of the following statements is true? Multiple Choice Flexible budgets can only be used when there is more than one cost driver o actual
Which of the following statements is true? Multiple Choice Flexible budgets can only be used when there is more than one cost driver o actual activity exceeds budgeted activity, the spending variance for an expense will always be unfavorable. Fixed costs should not be included in a flexible budget because they do not change when the level of activity changes C) The fixed component of a budget for a cost has no effect on its activity variance. " A revenue variance is the difference between the amount of the revenue in the master budget and the amount of the revenue in the flexible budget
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