All of the statements are correct except: Multiple Choice flexible budget performance reports provide more useful information to managers than a simple comparison of budgeted to actual results. to generate a favorable variance for net operating income in a business, managers must take actions to increase client-visits. a flexible budget performance report separates the effects of how well prices were controlled and operations were managed. to generate a favorable overall revenue and spending variance, managers must take actions to increase the prices of inputs.

Question

Travis Barron

Business

30 October, 02:46

All of the statements are correct except: Multiple Choice flexible budget performance reports provide more useful information to managers than a simple comparison of budgeted to actual results. to generate a favorable variance for net operating income in a business, managers must take actions to increase client-visits. a flexible budget performance report separates the effects of how well prices were controlled and operations were managed. to generate a favorable overall revenue and spending variance, managers must take actions to increase the prices of inputs.

+2

Answers (1)

Know the Answer?

Lena Yang · Answer 1

To generate a favorable overall revenue and spending variance, managers must take actions to increase the prices of inputs. Incorrect

Explanation:

For the statement to be termed as correct, it has to be; To generate a favorable overall revenue and spending variance, managers must take actions to protect selling prices, increase operating efficiency, and reduce the prices of inputs.