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Sales-Volume Variance (SVV) shows the effect of the difference between the actual and budgeted quantity of variables used to flex the flexible budget?
Sales-Volume Variance (SVV) shows the effect of the difference between the actual and budgeted quantity of variables used to flex the flexible budget?
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Jun 15
Sales-Volume Variance (SVV) shows the effect of the difference between the actual and budgeted quantity of variables used to flex the flexible budget on the overall sales volume. It helps to determine how changes in sales volume impact the company's financial performance and can provide insights into the effectiveness of the company's sales and marketing strategies. By analyzing SVV, companies can identify areas where they may need to adjust their budget or operations to better align with actual sales volume.