Question: Please, answer the question correctly. The answer should have some critical thinking and class concepts (Corporate Financial Management). Do not exceed 375 words. You are

Please, answer the question correctly. The answer should have some critical thinking and class concepts (Corporate Financial Management). Do not exceed 375 words. You are allowed to cite websites and have references. Thanks.

Describe what is the financial significance of performing "Variance" calculation and how it is used.

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