The _________________ Variance Is the Difference Between the Number of Units

question 162

Multiple Choice

The _________________ variance is the difference between the number of units actually sold and the volume of sales originally planned for.

• A)materials price
• B)flexible budget
• C)sales volume
• D)labor efficiency

---

Definitions:

Contract Development

Contract development is the process of drafting agreements that outline the terms, conditions, and responsibilities between parties involved in a transaction or project.

Parent Company

A company that owns a controlling interest in another company or companies, known as subsidiaries.

Outsourced

The process of hiring external organizations or individuals to perform services or create goods that traditionally were performed in-house by the company's own employees and staff.

Open Source

Pertaining to software for which the original source code is made freely available and may be redistributed and modified.