Failure of a firm's managers to execute the sales plans may create a favorable sales-volume variance.

Name: Failure of a firm's managers to execute the sales plans may create a favorable sales-volume variance.
Brand: Quizplus
Rating: 4.9 (45 reviews)

Question

Quizplus · Accepted Answer

The statement is incorrect. A favorable sales-volume variance means that actual sales volume is greater than expected sales volume. If the firm's managers failed to execute the sales plans, it would result in a lower actual sales volume, creating an unfavorable sales-volume variance.

Failure of a Firm's Managers to Execute the Sales Plans