In cost accounting, goal of variance analysis is to
A. understand variance reason
B. improve future performance
C. learning of improvement
D. all of above
Answer: Option D
Solution(By Examveda Team)
In cost accounting, goal of variance analysis is to understand variance reason, improve future performance and learning of improvement.This Question Belongs to Management >> Management Accounting
Related Questions on Management Accounting
A. resourcing
B. value acquiring
C. production
D. value acquaintance
Examining of past performance, exploring alternative and planning future is
A. learning
B. alternating
C. examining
D. deciding
Time that a company takes to create and produce a new product is classified as
A. management factor
B. time factor
C. customer factor
D. chain factor
Purpose of management accounting is to
A. past orientation
B. help banks make decisions
C. help managers make decisions
D. help investors make decision
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