Which One of the Following Is a Result of the Difference

question 109

Multiple Choice

Which one of the following is a result of the difference between the actual sales mix and the budgeted sales mix?

• A) Sales efficiency variance.
• B) Sales quantity variance.
• C) Sales price variance.
• D) Sales mix variance.
• E) Sales volume variance.

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Definitions:

Values

Core beliefs or principles that guide an individual's actions and judgments, influencing their behavior and attitudes.

Hierarchy of Needs

A motivational theory proposed by Abraham Maslow, outlining five levels of human needs, from basic (physiological) to higher-level (self-actualization), driving behavior to fulfill these needs.

ERG Theory

A motivation theory developed by Clayton Alderfer that categorizes human needs into three categories: Existence, Relatedness, and Growth, modifying Maslow's hierarchy of needs.

Needs Hierarchy Theory

A psychological theory proposing that human needs are arranged in a hierarchy, with basic needs being the most fundamental.