Answer:
The correct answer is the option A: static budget (based on planned volume) and actual revenue or cost.
Explanation:
To begin with, the name of "Sales volume variance" refers to a method used in the business and accounting field with the main purpose of obtaining the comparison between the planned sales and the actual sales. It does it by stating that the difference between those two multiply by the budget price of the product will result in the variance itself. The goal of this method is to measure the sales performance and to see if there are no mathces with the expected revenues then the company has to take a lead and do something about it.
Answer: Simple interest is calculated only on the principal amount, when compounded is calculated on the principal amount and the interests.
Explanation:
Hi, the difference between compounding and simple interest is that the simple interest is calculated only on the principal amount deposited, the original amount.
A = P (1 + rt)
In the other hand, compounded interest is calculated on the principal amount and in the accumulated interests of the different periods (interest on interest)
A = P (1 + r/n) (nt)
n is the number of times that interest is compounded per unit t
