What Is the Cause of a Favorable Sales Volume Variance

question 143

Multiple Choice

What is the cause of a favorable sales volume variance for revenues?

• A)Actual net income for the subunit is greater than budgeted net income.
• B)Actual sales in dollars are greater than the master budget sales in dollars.
• C)Actual sales in dollars are less than the static budget sales in dollars.
• D)The flexible budget sales in dollars are greater than the static budget sales in dollars.

Recognize the legislation aimed at controlling hazardous waste and managing toxic substances.

Understand the importance and impact of national environmental policy and the requirement of environmental impact statements.

Comprehend the comprehensive and sector-specific strategies to combat climate change under federal law.

Identify the statutory requirements for protecting against specific types of environmental pollution, such as ozone formation and water contamination.

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Definitions:

Measure

A method or standard for assessing the size, amount, or degree of something, typically through quantitative means.

Measuring Contribution

The process of assessing the value or impact of an individual’s or group’s work towards achieving organizational objectives.

Financial Measures

Quantitative indicators used to assess the financial health, performance, and stability of a business, such as profit margin, return on assets, or debt-to-equity ratio.

Managerial Perceptions

The interpretations or views of managers regarding various aspects of their organization, its environment, or specific situations they face.