Validating the Variances
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Variance or causal factor analysis compares an actual result with a budget to identify the specific causes of difference. Once the causes are known, action can be taken. Variance analysis will only show the effect of differences, not their cause. It is the role of management to investigate and respond.
Details
- Publication Date
- Jun 26, 2013
- Language
- English
- Category
- Education & Language
- Copyright
- All Rights Reserved - Standard Copyright License
- Contributors
- By (author): Homework Help Classof1
Specifications
- Format