Another name for the total operating income variance for a period is:
A) Flexible-budget variance.
B) Master (static) budget variance.
C) Sales volume variance.
D) Total income variance.
E) Sales mix variance.

Question

Quizplus · Accepted Answer

The total operating income variance is also known as the master (static) budget variance, which measures the difference between the actual operating income and the operating income expected in the master budget.

Another Name for the Total Operating Income Variance for a Period