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How Do Managers Decide Which Variances Are Important Enough to Investigate

question 39

Multiple Choice

How do managers decide which variances are important enough to investigate? I \quad When the variance is unfavourable
II \quad When the variance is larger than a specified amount or percentage
III \quad When the variance trends are increasing


Definitions:

Guidelines

A set of principles or instructions designed to guide actions or achieve desired outcomes.

Good-News Announcements

These are communications designed to share positive information or updates within an organization or to external stakeholders.

News Media

The sector of the media that focuses on presenting current news to the public, including newspapers, television, radio, and online platforms.

Routine Request

A common or standard inquiry or petition, often made as part of regular operations or procedures.

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