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Causes material quantity variance?

causes of labor rate variances


What does activity-level variances plus flexible-budget variances equal?

total master-budget variances


The variances that should be investigated by management include?

should all variances be investigated


What are the main causes of corrosion?

What are the three main causes of corrosion?


What are the main barriers to identify to needs of client?

The main barriers to identify the needs of clients include communication barriers, and failure to identify the exact needs of your clients.


What are the three main causes of corrosion?

What are the three main causes of corrosion?


When comparing two variances or standard deviations is an f-test is used?

An F-test can be used for variances.


What is unfavorable variance investigation?

Unfavorable variance investigation is the process of analyzing discrepancies between expected financial performance and actual results that lead to higher costs or lower revenues than planned. This investigation aims to identify the root causes of these variances, such as inefficiencies, unexpected expenses, or market changes, enabling organizations to implement corrective actions. By understanding the factors contributing to unfavorable variances, businesses can improve their budgeting processes and operational efficiencies. Ultimately, it helps in better financial control and decision-making.


Should only unfavorable variances be investigated?

No, both unfavorable and favorable variances should be investigated. While unfavorable variances indicate areas where performance is lacking and may require corrective action, favorable variances can highlight opportunities for efficiency and best practices that can be leveraged further. Analyzing both types of variances provides a comprehensive understanding of performance and can inform better decision-making.


What are adverse variances?

Adverse variances means unfavourable variance which is actual expenses are more than budgted variance.


What are the main causes of the wars going on?

The main causes of WARS is for property, power and authority


Which phase of DMAIC will you identify the root causes of the problem?

During which phase of DMAIC will you identify the root cause of the problem?