The Total Sales Variance Includes Both Price and Volume Variances

question 47

True/False

The total sales variance includes both price and volume variances.

---

Definitions:

Professional Association

An organization seeking to further a particular profession, the interests of individuals engaged in that profession and the public interest.

Labour Market Shelters

Sectors or practices within the job market that provide protection for workers, often through regulations, unions, or social policies.

Internal Labour Markets

Employment markets within organizations where workers are hired into entry-level positions and then progress to higher levels within the firm.

Unionized

Refers to workplaces where the employees are organized into a union to advocate for their rights and interests.