Variance Is a Measure of the Variability of Returns, and Since

question 91

True/False

Variance is a measure of the variability of returns, and since it involves squaring the deviation of each actual return from the expected return, it is always larger than its square root, its standard deviation.

---

Definitions:

ISO14031

A standard providing guidance on performance evaluation for environmental management within an organization.

Environmental Management Accounting

A form of accounting that captures environmental costs and integrates them into business decision-making processes to enhance environmental and economic performance.

Supply Chain Management

Supply Chain Management is the oversight of materials, information, and finances as they move from supplier to manufacturer to wholesaler to retailer to consumer.

Traditional Management Accounting Systems

Accounting practices that focus primarily on financial information and cost control to aid management in decision-making.