Question: Post an explanation of the role of variance analysis in managerial decision making, to include the following: Describe an example from your professional career in

Post an explanation of the role of variance analysis in managerial decision making, to include the following:

  • Describe an example from your professional career in which both highly favorable and unfavorable variances occurred.
  • Identify what stakeholders were most affected by these variances.
  • Explain how understanding these variances could have helped you as a manager in this situation to make better decisions.

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