Managers benefit from variance analysis because it highlights individual aspects of performance.

Question

Quizplus · Accepted Answer

Variance analysis can identify areas where actual performance deviates from planned or expected performance, and this information can be used by managers to address specific areas for improvement. By highlighting individual aspects of performance, variance analysis can help managers make informed decisions on how to optimize operations and achieve organizational goals.

Managers Benefit from Variance Analysis Because It Highlights Individual Aspects