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Latest Posts

“if budgeted expense exceed actual expenses, this variance is considered favorable”

June 20, 2017 mfadmin Managerial Accounting

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.“if budgeted expense exceed actual[…]

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“if actual revenue exceeds budget revenue, this variance is considered unfavorable”

June 20, 2017 mfadmin Managerial Accounting

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review. “if actual revenue exceeds[…]

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the capital budget is used for expense variance analysis by managers

June 20, 2017 mfadmin Managerial Accounting

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.the capital budget is used[…]

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revenue variances occur because of differences between actual and budgeted price and volume

June 20, 2017 mfadmin Managerial Accounting

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.revenue variances occur because of[…]

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“the 3 budget types are operating, capital, and expense budget”

June 20, 2017 mfadmin Managerial Accounting

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.“the 3 budget types are[…]

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“the operations budget is prepared for only one year at a time, and no longer period”

June 20, 2017 mfadmin Managerial Accounting

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.“the operations budget is prepared[…]

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the trend pattern is simple a projection of the long-run estimate of the activity being evaluated

June 20, 2017 mfadmin Managerial Accounting

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forecasting generally relies on historical data

June 20, 2017 mfadmin Managerial Accounting

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.forecasting generally relies on historical[…]

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hotels should try to sell their room inventory with the ____to the customers who are ____ price sensitive

June 20, 2017 mfadmin Managerial Accounting

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.hotels should try to sell[…]

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“The current cost of food sold at the ‘big fish’ restaurant is 35% of sales. if sales increase, the restaurant manager should generally expect an increase in:”

June 20, 2017 mfadmin Managerial Accounting

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.“The current cost of food[…]

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