Question

Which of the following statements is NOT​ true?

A. The flexible budget variance is the comparison of actual results to the flexible budget.
B. When a flexible budget is used in a performance​ report, it is prepared for the actual level of units sold.
C. The volume variance for fixed cost will always be zero.
D. The flexible budget variance for fixed costs will always be zero.

Answer 1

c

Step-by-step explanation:

Answer 2

Option d. The flexible budget variance for Fixed cost will always be zero.

This is because under flexible budget