The Sales-Quantity Variance Will Be Favorable When

question 135

Multiple Choice

The sales-quantity variance will be favorable when:

• A)budgeted units of all products sold exceed actual units of all products sold
• B)actual units of all products sold exceed budgeted units of all products sold
• C)the actual sales mix shifts towards the less profitable units
• D)the static budget contribution is greater than the actual contribution margin

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Definitions:

Consumer Protection

Laws and regulations designed to ensure the rights of consumers as well as fair trade, competition, and accurate information in the marketplace.

Legal Fight

A dispute handled and resolved within a judicial or legal system.

Whistle-blowing

The act of exposing misconduct, unethical practices, or violations of laws within an organization by an insider.

Expense Reports

Documentation and statements that detail spending during a specific period, usually for the purpose of accounting and reimbursement.