The Sales Quantity Variance of a Firm Arises When The

question 56

Multiple Choice

The sales quantity variance of a firm arises when the:

• A) Mixes of individual products sold differ from the budgeted mixes to be sold.
• B) Total units of all products sold differ from the budgeted total units to be sold.
• C) Total units of a product sold differ from the budgeted units of the product to be sold.
• D) Number of products sold differs from the budgeted number of products to be sold.
• E) Actual market size differs from the budgeted market size.

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Definitions:

Management Freedom

The extent to which managers have the autonomy to make decisions, innovate, and guide their teams without excessive constraints.

Benefits

Advantages or payments provided to employees in addition to their regular salaries, such as health insurance, pension plans, and paid vacation.

Costs

The amounts of money required for the production of goods or services, or the operation of a company or organization.

Formulate HR Policy

The process of developing guidelines and regulations for managing an organization’s human resources.