Flashcards
Chapter 9 Flashcards
Flashcards do conjunto (6)
- 1Activity variancedifference between a revenue or cost item in the flexible budget and the same item in the static planning budget
- 2Flexible budgetreport showing estimates of what revenues and costs should have been, given the actual level of activity for the period
- 3Management by exceptionmanagement system in which actual results are compared to a budget
- 4Planning budgetbudget created at the beginning of the budgeting period that is valid only for the planned level of activity
- 5Revenue variancedifference between the actual revenue for the period and how much the revenue should have been, give, the actual level of activity
- 6Spending variancedifference between the actual amount of the cost and how much the cost should have been, given the actual level of activity
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- Descrição
- FlashCards sobre Chapter 9 Flashcards, criado por Christina Meyer em 02-02-2023.
- Criado por
- Christina Meyer · fev 2023
- Atualizado
- 2 fev 2023
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