Variance analysis includes all of the following except
A)taking corrective action.
B)investigating all significant and insignificant variances.
C)developing performance measures to track activities causing the variance.
D)computing variances.

Question

Quizplus · Accepted Answer

Variance analysis includes taking corrective action, developing performance measures to track activities causing the variance, and computing variances. Investigating all significant and insignificant variances is not always necessary as it can be time-consuming and unproductive. Instead, the focus should be on identifying the root cause of significant variances and taking action to address them.

Variance Analysis Includes All of the Following Except