Managers investigate:
A) All variances
B) All unfavourable variances
C) Variances they consider important
D) Variances that are reported in the financial statements

Question

Quizplus · Accepted Answer

Managers typically investigate variances that they consider important, which may include both favourable and unfavourable variances. It is not necessary or practical to investigate all variances, and the financial statements may not provide a comprehensive picture of all variances.

Managers Investigate