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5 January, 19:30

All of the statements are correct except: Multiple Choice flexible budget performance reports provide more useful information to managers than a simple comparison of budgeted to actual results. to generate a favorable variance for net operating income in a business, managers must take actions to increase client-visits. a flexible budget performance report separates the effects of how well prices were controlled and operations were managed. to generate a favorable overall revenue and spending variance, managers must take actions to increase the prices of inputs.

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  1. 5 January, 20:50
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    To generate a favorable overall revenue and spending variance, managers must take actions to increase the prices of inputs. Incorrect

    Explanation:

    For the statement to be termed as correct, it has to be; To generate a favorable overall revenue and spending variance, managers must take actions to protect selling prices, increase operating efficiency, and reduce the prices of inputs.
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