The difference between an actual figure and a budgeted figure is known as a variance

Indicate whether the statement is true or false

TRUE

Business

You might also like to view...

The balance sheet for Greeley Contracting shows assets totaling $207,000 and liabilities totaling $95,000. Which of the following statements is correct?

A. Current assets are worth $92,000. B. Net income for the period is $112,000. C. Owners' equity equals $182,000. D. Owners' equity equals $112,000.

Business

Which of the following statements is a feature of copyrights?

A) A copyrighted work owned by the creator, if reproduced with the appropriate notice affixed, is protected throughout the life of the creator and for an additional 70 years. B) A copyrighted work owned by a publisher, when reproduced with the appropriate notice affixed, is protected for the lifetime of the publisher and for an additional 100 years. C) To register a work as a copyrighted work, two copies of the work must be provided to the New York Public Library. D) A copyrighted work that is reproduced without a notice of copyright is protected by copyright laws.

Business