Question
If the conclusion from a variance analysis is that the benchmark is inappropriate then the correct management action is to: do nothing. replace the manager
If the conclusion from a variance analysis is that the benchmark is inappropriate then the correct management action is to:
do nothing.
replace the manager who set the benchmark.
revise the benchmark.
write off the variance against cost of goods sold.
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Auditing Cases An Active Learning Approach
Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt
2nd Edition
0130674842, 978-0130674845
