If actual revenue is less than budgeted revenue then the variance will be:
A) favourable
B) unfavourable
C) immaterial
D) a and c

Question

Quizplus · Accepted Answer

When actual revenue is less than budgeted revenue, it indicates that the company earned less than what it had planned or expected, leading to an unfavorable variance. This is because the company did not achieve its revenue targets, which could negatively impact its financial performance.

If Actual Revenue Is Less Than Budgeted Revenue Then the Variance