Complete the following table
Variance How is the variance calculated? How does the variance arise?
Flexible budget
Sales volume
What will be an ideal response
Variance How is the variance calculated? How does the variance arise?
Flexible budget Actual results - Flexible budget The company had different revenues and/or costs than expected for the actual units sold.
Sales volume Flexible budget - Static budget The actual number of units sold differed from the number of units on which the static budget was based.
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The value chain model asserts that companies can deliver customer value throughout the chain
of activities that are used to create products and services and deliver them to market. Indicate whether the statement is true or false
You can borrow from your IRA, thus avoiding early withdrawal penalties
Indicate whether the statement is true or false