The sales volume variance is the difference between the static budget and the flexible budget for sales revenue, variable expenses, fixed expenses or operating income.

Name: The sales volume variance is the difference between the static budget and the flexible budget for sales revenue, variable expenses, fixed expenses or operating income.
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Question

Quizplus · Accepted Answer

The statement is true. The sales volume variance compares the planned or static budget with the flexible budget for different items related to sales volume.

The Sales Volume Variance Is the Difference Between the Static