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BSNS107 week 11

  1. A performance report compares
    Actual results to budgeted amounts
  2. Variance =
    Budgeted Amount - Actual Amount = Variance
  3. Original Budget =
    Standard amount x standard volume
  4. Flexed budget =
    Standard amount x ACTUAL volume
Author
rosme090
ID
89602
Card Set
BSNS107 week 11
Description
Flexible Budgeting
Updated

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