If you were asked to create a proof in the MYOB Extract model (Exercise 10 of Wo

Question

If you were asked to create a proof in the MYOB Extract model (Exercise 10 of Workbook). What would be the BEST proof.
A. Compare the Contribution Variance with (Budget Contribution - Actual Contribution), assuming the Contribution Variance was calculated as (Revenue Variance - Expenses Variance)
B. Compare the Contribution Variance with (Actual Contribution - Budget Contribution), assuming the Contribution Variance was calculated as (Actual Contribution - Budget Contribution)
C. Compare the Contribution Variance with (Budget Contribution - Actual Contribution), assuming the Contribution Variance was calculated as (Budget Contribution - Actual Contribution)
D. Compare the Contribution Variance with (Actual Contribution - Budget Contribution), assuming the Contribution Variance was calculated as (Revenue Variance - Expenses Variance)

Explanation / Answer

First of all calculate Contribution Variance.

Compare the Contribution Variance with (Budget Contribution - Actual Contribution), assuming the Contribution Variance was calculated as (Revenue Variance - Expenses Variance)

Option A correct

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