The Sales-Quantity Variance Results from a Difference Between

question 210

Multiple Choice

The sales-quantity variance results from a difference between:

• A)the actual sales mix and the budgeted sales mix.
• B)actual market size in units and the budgeted market size in units.
• C)the actual quantity of units sold and the budgeted quantity of unit sales in the static budget.
• D)actual contribution margin and the budgeted contribution margin.

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Definitions:

Logical

Pertaining to the use of reason or logic.

Other-race Effect

The inclination to more readily identify facial features of the race with which one is most acquainted, usually being their own.

Ingroup Bias

The tendency to favor and extend loyalty to members of one's own group over those from other groups.

Outgroup Homogeneity

The psychological phenomenon whereby individuals perceive members of a group to which they do not belong as more similar to each other than members of their own group.