When the budget being used is a static budget,the difference between actual results and budgeted results is referred to as a
A)static swing.
B)variable discrepancy.
C)static budget variance.
D)static budget fluctuation.

Question

Quizplus · Accepted Answer

The difference between actual results and budgeted results when using a static budget is referred to as the static budget variance. This variance measures the overall performance of the organization and can be either favorable or unfavorable depending on whether the actual results are better or worse than the budgeted results.

When the Budget Being Used Is a Static Budget,the Difference