Managers Use Detailed Variance Analysis for Which of the Following

question 12

Multiple Choice

Managers use detailed variance analysis for which of the following reasons?

• A)To better plan for the next budget period.
• B)Detailed variance analysis minimizes the invoice error rate.
• C)Detailed variance analysis better predicts the earnings per share.
• D)Detailed variance analysis better illustrates the data trends of the prior cycle.
• E)To understand why actual results differ from the static-budget developed for that period.

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Definitions:

Indirect Approach

A communication style or strategy that avoids direct confrontation or explicit statements, often employing suggestions or implications.

Unhappy News

Information or announcements that are somber, disappointing, or negative in nature.

Direct Claim

A clear and straightforward statement or demand made by someone usually seeking redress or asserting a right.

We-viewpoint

A communication strategy that emphasizes unity by using inclusive language, often seen in business or team environments to foster collaboration.