What is the division’s return on investment (ROI)?
Q1. Unfavorable variance that occurs when: A. actual costs are greater than budgeted costs. B. actual costs are lower than budgeted costs. C. actual costs equals budgeted costs. D. actual costs are lower than sunk costs. Q.2 A continuous (or perpetual) budget: A. is prepared for a range of activity so that the budget can […]