The sales-volume variance is the difference between a flexible-budget amount and the corresponding static-budget amount.

Name: The sales-volume variance is the difference between a flexible-budget amount and the corresponding static-budget amount.
Brand: Quizplus
Rating: 4.9 (34 reviews)

Question

Quizplus · Accepted Answer

This statement is true. The sales-volume variance is calculated by comparing the actual sales volume to the budgeted sales volume, resulting in a difference between the flexible-budget amount and the static-budget amount.

The Sales-Volume Variance Is the Difference Between a Flexible-Budget Amount