need some work done in accounting

Step

Instructions

Points Possible

1

Prepare a performance report that uses a flexible budget and a static budget. (Always use cell references and formulas where appropriate to receive full credit.) a. Enter all amounts as positive values. Do NOT use parentheses or a minus sign for amounts to be subtracted. b. Use the ABS function when calculating variances, and use the drop-down selections for F (favorable) or U (unfavorable) when describing the variances. c. For variances with a zero amount, make sure to enter the result of "=0" in the appropriate cell and leave the drop-down to identify the variance as either F or U blank.

40

Total Points

40