A favorable sales volume variance in sales revenue suggests a(n) ________.
A) increase in actual sales price per unit as compared to budgeted sales price
B) increase in number of actual units sold when compared to the expected number of units sold
C) increase in actual variable cost per unit as compared to expected variable cost per unit
D) decrease in actual fixed costs
B) increase in number of actual units sold when compared to the expected number of units sold
You might also like to view...
______ is a necessary and distinguishing characteristic of successful organizations.
a. Training and development departments b. Organizational change c. Organizational culture d. Conflict resolution
Which statement describes the purpose of a research proposal?
a) It is an overall plan, structure and strategy designed to obtain answers to the research questions. b) A document for scientific scrutiny for other to judge the appropriateness of the project. c) A reference document to show how the research was carried out. d) All of the above.
How would you select a sample to test the completeness assertion for sales? Would the sample used to test the occurrence assertion be effective for testing the completeness assertion?
What will be an ideal response?
For a two-person, zero-sum, mixed-strategy game, each player selects its strategy according to
a. what strategy the other player used last. b. a fixed rotation of strategies. c. a probability distribution. d. the outcome of the previous game.