What is the difference between a budget and a standard?
a) A budget is the cost of an item at a static activity level, while a standard is based on a flexible activity level.
b) A budget is a total amount, while a standard expresses only a unit amount.
c) A budget is the amount planned, while a standard reflects the actual results. d) There is no difference, they are the same.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “What is the difference between a budget and a standard? a) A budget is the cost of an item at a static activity level, while a standard is ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
According to keynes, how can the imbalance between microeconomics and macroeconomics be corrected?
Answers (1)
Robinson Company has 6,000 shares of 2%, $150 par, cumulative preferred stock outstanding. Robinson did not pay dividends during 2015, 2016, or 2017, but had met its preferred dividend requirements in all prior years.
Answers (1)
The south african government is not providin enough welfare or subsidies to the poor and underprivileged
Answers (1)
Arbitration places a dispute before a third party for a binding settlement. true or false
Answers (1)
The demand for cars in Home is q = 30 - P and the supply of cars in Home is q = P. The demand for cars in Foreign is q = 20 - P and the supply of cars in Foreign is q = P.
Answers (1)
New Questions in Business
Fun toyz corporation makes skateboards, which it sells to consumers, including holly and ira. due to a defect, holly is injured while using her new board. ira's board has the same defect, but he is not injured.
Answers (1)
What is the best definition for profit?
Answers (2)
Suppose your New Year resolution is to get back in shape. You are considering various ways of doing this: you can sign up for a gym membership, walk to work, take the stairs instead of the elevator, or watch your diet.
Answers (1)
Comparable worth refers to a. the value of a job to society. b. equal pay for different types of work that are equally demanding. c. the minimum wage. d. the relative worth of men and women in the workplace.
Answers (1)
The gross earnings of the factory workers for Larkin Company during the month of January are $73,000. The employer's payroll taxes for the factory payroll are $9,200. The fringe benefits to be paid by the employer on this payroll are $6,200.
Answers (1)