Question: TRUE/FALSE. Write 'T' if the statement is true and 'F' if the statement is false. 16) The operating income volume variance is measured as operating

TRUE/FALSE. Write 'T' if the statement is true and 'F' if the statement is false. 16) The operating income volume variance is measured as operating income (based on actual units sold) minus operating income per the static budget and is one of three components of the sales-volume variance. 16)

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