Value drivers are factors such as product volume, selling price, and cost of sales that have a significant impact on the value of the firm whenever they are altered.

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This statement is true. Value drivers are factors that have a significant impact on the overall value of a firm, and changes in these factors can lead to corresponding changes in the firm's value. Common examples of value drivers include product volume (the amount of units sold), selling price (the price per unit), and cost of sales (the expenses related to producing and selling products). Other value drivers may include factors such as customer retention rates, market share, and operational efficiency.

Value Drivers Are Factors Such as Product Volume, Selling Price