The two components of the static budget variance are the flexible budget variance and the sales volume variance.

Name: The two components of the static budget variance are the flexible budget variance and the sales volume variance.
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Quizplus · Accepted Answer

The statement is true. The static budget variance is the difference between the actual results and the original or static budget. It can be further broken down into the flexible budget variance and the sales volume variance.

The Two Components of the Static Budget Variance Are the Flexible