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You Are Planning the Requirements for a Site Tracking and Reporting

question 90

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You are planning the requirements for a site tracking and reporting system for your company Web site.Which of the following information requirements would not be essential for this function?


Definitions:

Revenue Variances

Differences between actual revenue and budgeted or forecasted revenue figures.

Budgets

Financial plans that estimate future income, expenditures, and resources over a specific period.

Standard Cost System

A cost accounting system that compares actual costs to predetermined or standard costs to help in budgeting and variance analysis.

Materials Quantity Variance

A calculation that shows the difference between the actual amount of materials used and the expected amount, which can indicate issues in efficiency or procurement.

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