Examlex
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?
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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