The Process of Calculating Variances and Analysing the Reasons They

question 59

Multiple Choice

The process of calculating variances and analysing the reasons they occurred is called:

• A) Benchmarking
• B) Budget analysis
• C) Trend analysis
• D) Variance analysis

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Definitions:

Rapid Growth

This denotes a phase where a company or economy experiences an above-average increase in revenue, production, or other significant measures over a short time.

Acquisitions

The process of obtaining control of another corporation by purchasing or exchanging equity interests or assets.

Horizontal Merger

A horizontal merger is a business consolidation that occurs between firms operating in the same industry or producing similar products, aimed at increasing market share.

Supplier

An entity that provides goods or services to another company, often part of the supply chain or procurement process.