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:

Applicants

Individuals who apply or make a formal request for something, typically a job or admission to an educational institution.

Ethnicity

A category of people who identify with each other based on common ancestral, social, cultural, or national experiences.

Admission

The process or permission to enter a place, institution, or similar, often involving the fulfillment of specific requirements.

Mortality Data

Information and statistics related to death rates within a population over a specified period.