If we know that a variance is the result of an uncontrollable price increase for a supply

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If we know that a variance is the result of an uncontrollable price increase for a supply item that we must have, do we need to investigate and make a report regarding the variance? Why or why not?

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Financial Management for Public, Health and Not-for-Profit Organizations

ISBN: 978-1506326849

5th edition

Authors: Steven A. Finkler, Daniel L. Smith, Thad D. Calabrese, Robert M. Purtell

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Question Posted: Nov 08, 2022 02:29 AM

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If we know that a variance is the result of an uncontrollable price increase for a supply

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Absolutely The variance should be investigat...View the full answer

Financial Management for Public, Health and Not-for-Profit Organizations

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