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:

Performance Appraisals

The systematic evaluation of an employee's job performance and productivity, typically to determine compensation, promotions, and training needs.

Positive Reinforcement

The process of encouraging or increasing a behavior by following it with a positive stimulus.

Regressive Coping

A defense mechanism where an individual responds to stress by reverting to behaviors typical of an earlier stage of development.

Punishment

A consequence given in response to an unwanted behavior, intended to decrease the likelihood of that behavior occurring again.