From course:
(Practice similar questions for free)
C250 Cost and Managerial Accounting
» Start this Course(Practice similar questions for free)
Question:
Activity variance
Author: Christine HenningAnswer:
The difference between a revenue or cost item in the flexible budget and the same item in the static planning budget. An activity variance is due solely to the difference between the actual level of activity used in the flexible budget and the level of activity assumed in the planning budget
0 / 5 Â (0 ratings)
1 answer(s) in total