Cost variances should be investigated when
A)the results are favourable but within acceptable limits.
B)costs incurred must be reduced.
C)expected costs of investigation exceed expected benefits.
D)the results are unfavourable but within acceptable limits.
E)the amounts are immaterial.

Question

Quizplus · Accepted Answer

Cost variances should be investigated when costs incurred must be reduced, as this indicates a need to understand and address the reasons behind the variance to control costs effectively.

Cost Variances Should Be Investigated When