Q160
Static budget amount is subtracted from actual result to calculate
A.
static budget receipts
B.
static budget deviation
C.
static budget variance
AnswerD.
multiple budget variance
Answer: Option C
Solution
Answer: Option C
Solution:
Static budget amount is subtracted from actual result to calculate static budget variance. The static budget is used as the basis from which actual results are compared. The resulting variance is called a static budget variance.