The signatures of swallowing vary depending on the volume of bolus swallowed. Among existing instrumental methods, cervical auscultation (CA) captures the acoustic signatures of the swallow sound. Although many features present in the literature can characterize volumes of swallow using CA, they require manual annotations of the different components in the sound. In this work, a rich set of acoustic features, the ComParE 2016 acoustic feature set (OS) is used to investigate whether several temporal, spectral, vocal and source features and their functionals provide cues for volume classification. Experiments are performed with CA data from 56 subjects, with dry swallow and swallows of 2ml, 5ml, and 10ml of water. Three types of classification namely, dry-vs-2ml, dry-vs-5ml and dry-vs-10ml are performed separately to analyze characteristic features. Experiments reveal that OS, which does not require annotations, performs better than the baseline features that require annotation. Within OS, the features unrelated to voice source yield a better performance than the features related to voice source. In this subset of features, MFCC, RASTA filtered audio spectrum and RMS energy are found to be consistently the top performing features across all three types of classifications.