Economics · Variance Analysis
Which statement correctly describes Market Size Variance in sales variance analysis?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1It represents the change in input costs caused by external market size expansion.
- 2It is calculated by multiplying the change in sales price by the budgeted quantity.
- 3It measures the internal performance efficiency of the sales team in capturing market segments.
- 4It measures the effect of changes in the total industry sales volume on the company's budgeted market share contribution.✓
Correct answer
It measures the effect of changes in the total industry sales volume on the company's budgeted market share contribution.
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Variance Analysis MCQs →Want more practice questions on Variance Analysis?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Variance Analysis