Question

In: Accounting

The difference between actual revenues and expenses and the flexible budget is known as​ the: A....

The difference between actual revenues and expenses and the flexible budget is known as​ the:

A. flexible budget variance

B. master budget variance

C. static budget variance

D. volume variance

Identify which responsibility center would best describe the​ following:

The production line of American​ Apparel, where clothing is manufactured.

A. Revenue Center

B. Cost Center

C. Profit Center

D. Investment Center

The subscription sales department of the New York Times.

A. Revenue Center

B. Cost Center

C. Profit Center

D. Investment Center

The corporate division of​ Disney, Inc. responsible for​ revenues, costs, and managing its​ division's assets.

A. Revenue Center

B. Cost Center

C. Profit Center

D. Investment Center

A Target​ store, which is part of the national store​ brand, and reports its own revenues and costs.

A. Revenue Center

B. Cost Center

C. Profit Center

D. Investment Center

Solutions

Expert Solution

ekkarill92 answered 3 months ago
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