Variances Indicate

question 8

Multiple Choice

Variances indicate

• A)the cause of the variance.
• B)who is responsible for the variance.
• C)that actual performance is not going according to plan.
• D)when the variance should be investigated.

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Definitions:

Divisional

Pertains to a structural strategy in organizations where operations are divided based on distinct products, services, markets, or geographical locations.

Different Needs

Refers to the diverse requirements or desires of individuals or groups.

Formalization

The degree to which rules and procedures are standardized in an organization.

Rules And Procedures

Guidelines and systematic steps established for consistent and orderly conduct or action.