Question

Budget variances occur when:

a. actual expenses do not natch budgeted expenses exactly

b. actual revenues do not match budgeted revenues exactly

c. both actual expenses do not match budgeted expenses exactly and/or actual revenues do not match budgeted revenues exactly

d. none of the answers are correct

Answer 1

it's c
hope it helps you

Answer 2

Its correct answer is c) both actual expenses do not match budgeted expenses exactly and actual revenues don't match budgeted revenues exactly.