Match the Variance to the Correct Definition

question 32

Multiple Choice

Match the variance to the correct definition.
-Sales volume variance

• A)measures how well the business uses its materials or human resources
• B)the difference between the expected results in the flexible budget for the actual units sold and the static budget
• C)the difference between actual results and expected results in the flexible budget for the actual units sold
• D)measures how well the business keeps unit material and labor costs within standards
• E)the difference between actual results and the expected results in the static budget

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Definitions:

Trailer Service Braking

The braking system specifically designed for the controlled slowing or stopping of a trailer.

Dash Valve

A control valve, typically found in air brake systems of trucks, used to apply and release brakes.

Actuate

To cause a mechanical system or device to operate.