What is an activity variance and what does it mean what is


1. Why is it difficult to interpret a difference between how much expense was budgeted and how much was actually spent?

2. What is an activity variance and what does it mean?

3. What is a revenue variance and what does it mean?

4. What is a spending variance and what does it mean?

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Cost Accounting: What is an activity variance and what does it mean what is
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