Which of the Following Is Not a Sales Related Variance

question 65

Multiple Choice

Which of the following is not a sales related variance?

• A)sales-volume variance
• B)sales-quantity variance
• C)market-size variance
• D)direct materials yield variance
• E)market-share variance

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Definitions:

Principal Amount

The initial size of a loan or bond or the amount deposited, excluding any interest or earnings.

Scholarships

Financial aid awarded to students to help pay for education expenses, often based on academic achievement or other criteria.

Restricted Fund Method

An accounting practice used for reporting resources that have been restricted by donors or grantors.

Externally Restricted Contribution

Funds received by an organization that are designated for specific purposes by the donor, restricting their use by the recipient.