A Company Is Analyzing Its Month-End Results by Comparing It

question 107

Multiple Choice

A company is analyzing its month-end results by comparing it to both static and flexible budgets. During the previous month, the actual sales volume was lower than the expected sales volume as per the static budget. This difference results in an unfavorable:

• A)flexible budget variance for variable expenses.
• B)sales volume variance for variable expenses.
• C)flexible budget variance for sales revenues.
• D)sales volume variance for sales revenues.

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Definitions:

Distributive Justice

A concept in social science and philosophy regarding the fair distribution of resources and benefits among members of a society.

Procedural Justice

The fairness of the processes used to make decisions, particularly in terms of how individuals believe they are treated by authorities or organizations during those processes.

Voluntary Sabbaticals

Planned, extended leaves of absence from work, initiated by the employee, often for personal growth, travel, or study.

Reducing Overtime

Implementing strategies to decrease the need for employees to work beyond their scheduled hours.