Difference between corresponding static budget and flexible budget amount is called
A. sales volume variance
B. sales mix variance
C. sales quantity variance
D. market share variance
Answer: Option A
Solution(By Examveda Team)
Difference between corresponding static budget and flexible budget amount is called sales volume variance. Sales volume variance is the change in revenue or profit caused by the difference between actual and budgeted sales units.Related Questions on Management Accounting
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C. production
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Examining of past performance, exploring alternative and planning future is
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B. alternating
C. examining
D. deciding
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D. help investors make decision
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