Variance analysis is a motley of numbers with no relationship with each other. Since all parts of the business are interrelated, these numbers are of limited value for management decision making. Required: Discuss this claim. In your discussion, remember to: 1. Indicate whether you agree or disagree with the statement. 2. Pay specific attention to individual variances and their relationships with other variances. 3. Critically discuss implications of these relationships or their lack thereof on management decision making. 4. Critically discuss the limitations of variance analysis.