Variances only list the amounts over or under budget; they do not explain the causes of the
Question:
Variances only list the amounts over or under budget; they do not explain the causes of the problems. Do you agree? Explain.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 62% (8 reviews)
Yes I agree Variances can be caused by many different factor...View the full answer
Answered By
Sai Sujeet B
I am one of the academic toppers of my college and I hold a Bachelors of Technology in Mechanical Engineering with a percentage of 85%. I started tutoring high school and primary students in the second year of graduation. At the same time, I used to help my friends pick up with the graduation assignments and help them with their preparation for exams at college. After 2 years of tutoring students, I got an opportunity to work as a remote Subject Matter Expert in Quantitative Aptitude for Testbook.com in the final year of my graduation. At Testbook.com, I provided solutions to aptitude questions of various competitive exams and also prepared Quantitative Aptitude content for the same. I worked at Testbook for about 2 years and I got a Certificate of Excellence and a Hoodie from them for my work. From my childhood, I am very strong at problem solving and Math which can be evidently seen by my academic record in subjects involving problem solving and Mathematics. I feel with these skills and experience, I can help the students all over the world and make our next generation stronger.
0.00
0 Reviews
10+ Question Solved
Related Book For
Managerial Accounting
ISBN: 9780137689453
1st Edition
Authors: Jennifer Cainas, Celina J. Jozsi, Kelly Richmond Pope
Question Posted:
Students also viewed these Business questions
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
Find and draw y(t) for the system below X(t)-21tl and h(t) as below h(t)
-
Why is it important to understand the initial and projected size of a database during the design phase?
-
During the period, Sanchez Company sold some excess equipment at a loss. The following information was collected from the companys accounting records: No new equipment was bought during the period....
-
Payroll and benefits are commonly outsourced. Discuss which parts of PM, compensation, benefits, and payroll you would consider outsourcing; justifying your views.
-
To what extent does the development of new technologies simplify and routinize the job of employees? Can you give an example? How can new technology lead to job enlargement? Discuss.
-
2. Determine two different row-echelon forms for the following augmented matrix: - 3. Reduce the following augmented matrix to row-echelon form. Make sure that there are no fractions in the final...
-
Diamant Foods Company produces a variety of food products, including a line of candies. One of its most popular candy items is Divine Diamonds, a bag of a dozen individually wrapped diamond-shaped...
-
Give three reasons why a direct labor unfavorable variance may occur.
-
Actual weekly payroll costs for direct labor for installations of Easy Applications were $10,500 for 500 hours. The standard was 2 hours per installation. The direct labor standard cost was $18 per...
-
Find the component form of the vector. The unit vector obtained by rotating the vector 135 counterclockwise about the origin (1,0)
-
Record the following transactions on the books of Sandhill Co. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) a. On July 1, Sandhill Co. sold...
-
Open the excel workbook for your chosen publicly traded company with the ratios calculated from week 2. Drag and drop the ratios calculated from year 1 (see the instructional video). Take last year's...
-
Form AP, which must be filed with the PCAOB for every audit of an issuer, addresses each of the following matters except for The year when the auditor first began serving consecutively as the...
-
hich of the following statements regarding the allocation of capital is true? Businesses seeking capital are not required to provide information to potential suppliers. Investors and financiers...
-
Once the trustee has determined the assets of a bankrupt, s/he can sell the remaining assets and then use the proceeds to pay out the remaining funds. The first parties paid from these funds are the...
-
Discuss what happens to the energy levels for an electron trapped in a one-dimensional box as the length of the box increases.
-
If the cylinder described in Problem 21.3 were initially heated to 500F, how long would it take for the center of the cylinder to cool to 240F if it were constructed of a. Copper? b. Brass? c. Nickel?
-
Annual cash inflows that will arise from two competing investment projects are given below: The discount rate is 18%. Required: Compute the present value of the cash inflows for each investment. Year...
-
Annual cash inflows that will arise from two competing investment projects are given below: The discount rate is 18%. Required: Compute the present value of the cash inflows for each investment. Year...
-
Julie has just retired. Her companys retirement program has two options as to how retirement benefits can be received. Under the first option, Julie would receive a lump sum of $150,000 immediately...
-
Write an essay about conducting a job analysis to determine staffing needs. (800-1000 words). Also give reference links.
-
We want to explore opportunities with suppliers in the market and significantly improve how we support small business, create jobs, and transform the country. Thats our vision for Woolworths and...
-
What is the purpose of a mass interview? Be specific with your answer.
Study smarter with the SolutionInn App