variance mcq

This topic has 1 reply, 2 voices, and was last updated 5 years ago by John Moffat.

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July 31, 2020 at 3:51 pm #578837
humai
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In every variance reporting system with flexible budget that compare budgeted and actual profit there must be sales volume variance

Can you please explain why this statement is correct?
August 1, 2020 at 10:06 am #578900
John Moffat
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Where did you find this question?

I ask because it is a very poor question indeed. There will be a sales volume variance if the actual sales are different from the budget sales, but it will be zero if the two are the same!
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