Which of the Following Variances in a Comprehensive Performance Report

question 52

Multiple Choice

Which of the following variances in a comprehensive performance report using the flexible budget concept is the most appropriate for measuring efficiency of operations?

• A) Sales volume variance.
• B) Contribution margin variance.
• C) Flexible budget variance.
• D) Total static budget variance.

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Definitions:

Phone Number

A series of digits assigned to a specific telephone line for the purpose of making and receiving calls.

Email Client

Software used to access and manage a user's email, allowing them to send, receive, and organize messages.

Compose

The act of creating a written piece, such as an email or a document.

Store

Refers to a physical or online place where goods or services are offered for sale.