Importance of Variance Analysis
Jennifer edwards Variance analysis is a process of measuring and analyzing the difference between the two figures. Variance analysis can be defined as a statistical or accounting tool that is used in…
Managerial Usefulness/Importance of Variance Analysis
Sana Ahmed Managerial Usefulness/Importance of Variance Analysis: Learning Objectives: Explain the importance of variance analysis for management in decision making process. Costs of production are effected by internal factors over which management…