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Please prepare down a response between 200 to 300 words to the given discussion problem.

What are variances and why do these take place? When should one investigate budget variances? What factors would you consider when deciding whether to investigate the variance? As a manager, how you would you handle the variances? Should managers be punished or rewarded based on the variances in their departments?

Accounting Basics, Accounting

  • Category:- Accounting Basics
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