Variance Analysis Should Be Used ________

question 31

Multiple Choice

Variance analysis should be used ________.

• A) to understand why variances arise and to improve future performance
• B) as the sole source of information for performance evaluation
• C) to punish employees that do not meet standards
• D) to set the standards which are very easy to achieve to encourage employees to focus on meeting standards

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Definitions:

Efficient Programs

Initiatives or policies designed to achieve the intended outcomes with minimum waste of resources.

Political Process

The collection of activities that influence the policies, actions, and leadership of a government or society.

Counterproductive Activities

Actions or behaviors that hinder the achievement of a goal or the functioning of a process, often resulting in the opposite of the desired outcome.

Democratic Political Process

A system of government in which power is vested in the people, who rule either directly or through freely elected representatives.