Explain how variance analysis can improve the overall performance of a company. A company of your choice and discuss how the business can use the tool to improve business decision capabilities and financial results. Include examples to support your explanations. 

How could a balanced scorecard system help you improve negative variances at the company?

Answer rating: 100% (QA)

Variance analysis is a powerful tool used in financial management to evaluate and understand the differences between planned and actual results By analyzing variances companies can gain valuable insig... View the full answer