AFP
CTP · Question #28
CTP Question #28: Real Exam Question with Answer & Explanation
Sign in or unlock CTP to reveal the answer and full explanation for question #28. The question stem and answer options stay visible for context.
Question
- (Topic 1) At the end of the year, ABC Company's actual revenue is $85,000,000 versus budget revenue of $90,000,000. Actual operating expenses are $20,000,000 versus budget operating expenses of $22,000,000. Budget variance analysis would indicate a(n):
Options
- Afavorable revenue variance and an unfavorable operating expenses variance.
- Bfavorable revenue variance and a favorable operating expenses variance.
- Cunfavorable revenue variance and a favorable operating expenses variance.
- Dunfavorable revenue variance and an unfavorable operating expenses variance.
Unlock CTP to see the answer
You've previewed enough free CTP questions. Unlock CTP for full answers, explanations, the timed quiz mode, progress tracking, and the master PDF. Question stem and options stay visible so you can still see what's on the exam.