Variance is stated difference between expected performance and the
A. revenue planning
B. actual results
C. marketing results
D. cost planning
Answer: Option B
Solution(By Examveda Team)
Variance is stated difference between expected performance and the actual results. Variance is used to compare the relative performance of each asset in a portfolio.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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