A revenue variance is the difference between what the total sales revenue should been,given the actual level of activity of the period,and the actual total sales revenue.

Question

Quizplus · Accepted Answer

This statement is true. A revenue variance is calculated by comparing the expected or budgeted revenue with the actual revenue generated during a given period. The difference between the two is the revenue variance, which can be either positive or negative.

A Revenue Variance Is the Difference Between What the Total