A Favorable Sales Volume Variance in Sales Revenue Suggests A(n)

question 98

Multiple Choice

A favorable sales volume variance in sales revenue suggests a(n) :

• A) increase in price.
• B) increase in volume.
• C) increase in variable expenses per unit.
• D) decrease in fixed costs.

---

Definitions:

Sick Leave

Authorized absence from work due to illness.

Frequency Distribution

A table or graph that displays the frequency of various outcomes in a sample.

Relative Frequency

The proportion of times a particular value or category appears in a dataset relative to the total number of observations.

Crosstabulation

A tabular summary of data for two variables. The classes for one variable are represented by the rows; the classes for the other variable are represented by the columns.