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Seneca College *

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440

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Accounting

Date

Nov 24, 2024

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pdf

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2

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11/19/23, 11:09 PM Chapter 7 Quiz https://www.ameengage.com/mod/quiz/review.php?attempt=4683046&cmid=1260525&page=3 1/2 English (en) English (en) Français - Canada (fr_ca) Dashboard / My courses / [Seneca 09/2023] HTM440NHA - Nardi / CHAPTER 7 - Flexible Budgeting and Variance Analysis / Chapter 7 Quiz Question 4 Not answered Marked out of 1.00 The revenue portion of the flexible budget variance is known as the: Select one: a. cost variance b. price variance c. sales-volume variance d. flexible revenue variance Your answer is incorrect. Explanation: The price variance is the revenue portion of the flexible budget variance. A price variance occurs when there is a difference between budgeted and actual selling price. The correct answer is: price variance
11/19/23, 11:09 PM Chapter 7 Quiz https://www.ameengage.com/mod/quiz/review.php?attempt=4683046&cmid=1260525&page=3 2/2 Français (fr)
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