Which of the following is true of strategic performance measurement systems?

It only includes non-financial performance measures that explain financial performance.

It helps to communicate corporate strategy to members of the organization.

It has the same number of financial and non-financial measures.

It exclusively uses financial measures to serve as leading indicators of non-financial performance.

Gina is performing revenue variance analysis for her two-product company (Product A and Product B).

Which of the following statement are true about revenue variance analysis?

Check all that apply.

If the sales mix variance for Product A is favorable,the sales mix variance for Product B is unfavorable.

If the sales mix variance for Product A is favorable,the sales volume/activity variance for Product A is favorable.

If the sales volume/activity variance for Product A is favorable,the sales volume/activity variance for Product B is favorable.