1 what additional information besides simply the variance, Ask an Expert

Accounting

1. What additional information, besides simply the variance, may be useful to the accountant in evaluating the variance? Why?

2. Do you think variance analysis is a useful tool to employ when presenting financial information to non-accounting personnel, like a company's CEO or its board? Why or why not?

3. What are the risks and benefits of relying on variance analysis to convey an entity's financial picture?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9962768

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