Which of the following statements is true?

Multiple Choice

• The spending variance for a variable expense will be unfavorable if the amount of the expense contained in the flexible budget is less than the actual amount of the expense.

• The spending variance for a variable expense will usually equal zero.

• The spending variance for a variable expense can be favorable or unfavorable depending on whether the actual expense is greater than or less than the planned expense.

• The spending variance for a variable expense will be unfavorable if the amount of the expense contained in the flexible budget is greater than the actual amount of the expense.