Indicate Whether Each of the Following Statements Is True or False

question 17

Short Answer

Indicate whether each of the following statements is true or false.
The amount of a sales volume variance is the difference between the static budget and a flexible budget based on actual volume.______
The sales volume variance measures managers' effectiveness in achieving the planned sales price for the company's products.______
Marketing managers are usually held responsible for the sales volume variance.______
If the planned sales volume was 25,000 units and the actual sales volume was 25,500 units,the sales volume variance was favorable.______
For marketing managers,"making the numbers" refers to reaching the budgeted sales volume.______

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Definitions:

Coordinating Mechanism

Strategies or systems used within organizations to align activities, tasks, and functions among different departments or teams.

Span of Control

The number of subordinates that a manager or supervisor can directly control.

Employee Involvement

The practice of including employees in the decision-making process and giving them a say in the operation and management of the company.

Narrow Span of Control

Narrow span of control refers to a management structure where a manager oversees a small number of subordinates, allowing for closer supervision.