Variances sometimes signal to managers that their strategies are ineffective.

Name: Variances sometimes signal to managers that their strategies are ineffective.
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Quizplus · Accepted Answer

Variances indicate deviation from the expected or planned results. If the variance is large and negative, it may indicate that the strategy being used is not effective and needs to be revised. Therefore, variances can signal to managers that their strategies are ineffective.

Variances Sometimes Signal to Managers That Their Strategies Are Ineffective