Question
A spending variance is the difference between Blank______.
Multiple choice question.
what a cost should have been at the actual level of activity and the actual amount of the cost
the budgeted cost on the planning budget and the budgeted cost on the flexible budget
the budgeted cost on the planning budget and the actual amount of the cost
Multiple choice question.
what a cost should have been at the actual level of activity and the actual amount of the cost
the budgeted cost on the planning budget and the budgeted cost on the flexible budget
the budgeted cost on the planning budget and the actual amount of the cost
Answers
GPT-4o mini
A spending variance is the difference between **what a cost should have been at the actual level of activity and the actual amount of the cost**.