Question: Do you think a variance analysis is a useful tool for managerial analysis? Why or why not? Explain using an example--you can rely on the

Do you think a variance analysis is a useful tool for managerial analysis? Why or why not? Explain using an example--you can rely on the case for this, or use your own work experience to illustrate how deviations in costs or profits are assessed in the real world, and whether a variance analysis would be useful in this real-world context.

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