Which One of the Following Is the Result of the [(Units

question 30

Multiple Choice

Which one of the following is the result of the [(units sold) × (actual selling price per unit) ] − [(units sold) × (budgeted selling price per unit) ]:

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

---

Definitions:

Null Hypothesis

A statement or proposition that specifies no effect or no difference and that researchers aim to test.

Level Of Significance

The probability of incorrectly rejecting a true null hypothesis, often denoted by alpha in hypothesis testing.

Confidence Interval

A range of values, derived from sample statistics, that is likely to contain the population parameter with a specified level of confidence.

Null Hypothesis

A statement used in hypothesis testing that assumes no effect or no difference exists between two or more sets of data.