The PRIMARY reason for using cost variances is:

A) that they diagnose the cause of a problem and what should be done to correct it.
B) for superiors to communicate expectations to lower level employees.
C) to administer appropriate disciplinary action.
D) for financial control of operating activities.

D

Business

You might also like to view...

Which of the following statements regarding exposure is NOT true?

A) It is measured in degrees. B) It is measured in units. C) It is the risk assumed by the insurer. D) It is used to determine insurance premiums."

Business

Identify and briefly explain the four steps a company should take to practice CRM and develop one-to-one relationships with its customers

What will be an ideal response?

Business