In cost accounting, the goal of variance analysis is to Options: A . &nbspunderstand variance reason B . &nbspimprove future performance C . &nbsplearning of improvement D . &nbspall of above

In cost accounting, the goal of variance analysis is to

Question

In cost accounting, the goal of variance analysis is to

Options:

A . understand variance reason

B . improve future performance

C . learning of improvement

D . all of above

Answer: Option D
Answer: (d).all of above

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Question 1. In management control, an efficiency variance is also referred as....

Question 2. If an efficiency variance is 200 units and the actual input quantity is 750 units, then the budgeted input quantity will....is 750 units, then the budgeted input quantity will be

Question 3. The budgeted input quantity is added in to efficiency variance to calculate....

Question 4. If the budgeted price of input is $70, actual quantity of input is 250 units and the allowed budgeted quantity of input ....of input is 90 units, then efficiency variance will be

Question 5. The static budget amount is subtracted from the actual result to calculate....

Question 6. The difference between actual quantity use and input quantity for output is multiplied with budgeted price to calculate....quantity for output is multiplied with budgeted price to calculate

Question 7. The level of used input to achieve a determined level of output is termed as....

Question 8. The flexible budget variance is subtracted from actual cost to calculate....

Question 9. The point at which the control functions and the planning of management come together is known as....

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