Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A favourable variance that is significant in a cost report a. is a negative result for a manager. b.should be investigated along with any negative
A favourable variance that is significant in a cost report
a. is a negative result for a manager.
b.should be investigated along with any negative variances.
c.is a positive result for a manager.
d.can be ignored especially if it is a minor amount.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started