MANAGEMENT ACCOUNTINGS - VARIANCE ANALYSIS I: "This is second part of Management Accounting - Variance Analysis. In the previous chapter, theoretical background was discussed and a case-study was introduced.
In this hub, calculation of various variances would be shown. Also some relevant topics would be covered like favorable and adverse variances, random and systematic variances and how to decided which variance is a serious one and what safeguards should be taken."
Thursday, August 20, 2009
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