Why is it that variances are not analyzed by the finance department of the organization?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 69% (13 reviews)
Finance can calculate the amount of the variances However va...View the full answer
Answered By
Branice Buyengo Ajevi
I have been teaching for the last 5 years which has strengthened my interaction with students of different level.
4.30+
1+ Reviews
10+ Question Solved
Related Book For
Financial Management for Public Health and Not for Profit Organizations
ISBN: 978-0132805667
4th edition
Authors: Steven A. Finkler, Thad Calabrese
Question Posted:
Students also viewed these Finance questions
-
Why is it that a company can grow too fast? If Wise Acre Frozen Treats significantly increased its sales, why wouldnt its increased income provide more than enough cash to even out its cash flow?
-
Why is it that one person may tend to gain weight, even if he eats no more and exercises no less than a slim friend? Recent studies suggest that the factors that control metabolism may depend on your...
-
Why is it that your own voice sounds strange to you when you hear it played back on a tape recorder, but your friends all agree that it is just what your voice sounds like?[ Consider the media...
-
Remove left recursion in the following grammar. Show each step. Hint: First remove direct left recursion. Then the indirect left recursion. A AB | Aab | BA| a Bb | | b
-
The Taylor Tool company manufactures hardened tool steel. The specifications for one of its products products, A768C, requires a hardness of 550 + 50. The following data have been collected on steel...
-
Which do you prefer: a bank account that pays 6% per year (EAR) for three years or a. An account that pays 3% every six months for three years? b. An account that pays 9% every 18 months for three...
-
6. A fund used to account for the proceeds of specific revenue sources (other than trusts for individuals, private organizations, or other governments or for major capital projects) that are legally...
-
Analyze how candidates in a current political election appear to be leveraging the Internet as part of their campaigns, or not.
-
On October 1, 2021, Walmart decides to sell a piece of equipment they purchased on January 1, 2018 for $120,000. At the time of purchase, Walmart estimated the equipment was going to have an...
-
Waith Manufacturing Companys data processing department was preparing to implement a new computerized production information system at its new Madison plant. The project was divided into two parts....
-
Distinguish between efficiency and effectiveness.
-
Do volume increases that lead to spending increases cause financial problems for organizations?
-
Consider the purely subsonic flow in a convergent-divergent duct. The inlet, throat, and exit area are \(1.00 \mathrm{~m}^{2}, 0.70 \mathrm{~m}^{2}\), and \(0.85 \mathrm{~m}^{2}\), respectively. If...
-
In addition to the strongest military in the world, the United States wields enormous soft power. Define soft power. What factors make the United States powerful when it comes to soft power?
-
Tampa by the Bay Cardiology practice is experiencing long wait times for new patient appointments. Next available appointment is 30 days. The administrator has asked the practice manager to construct...
-
In 2013, Idalia Hernndez Ramos, a middle school teacher in Mexico, was a victim of cyber harassment. After discovering that one of her students tweeted that the teacher was a "bitch" and a "whore,"...
-
Your life couldn't be any better. You just accepted a new role as a senior consultant for a project management services firm in San Francisco, and the move is finally happening. You've got a great...
-
What are the two "engines" that drive earth's processes, how do they work (basically) and what are their energy sources? How do the "engines" influence and interact with the Earth Systems? (provide a...
-
Kulver's Inc. leases equipment from Equip Inc. on January 1, 2020, under a 3-year operating lease. Kulver's agrees to pay Equip Inc. \(\$ 15,000\) annually with the first payment due on January 1,...
-
Calculate the electrical conductivity of a fiber-reinforced polyethylene part that is reinforced with 20 vol % of continuous, aligned nickel fibers.
-
An Italian food company that operates several restaurants across seven European countries plans to open a second outlet in Paris. As part of the planning phase, the management would like to see how...
-
Why would the inventory turnover ratio be more important for someone analyzing a grocery store chain than an insurance company?
-
Over the past year, M. D. Ryngaert & Co. had an increase in its current ratio and a decline in its total assets turnover ratio. However, the companys sales, cash and equivalents, DSO, and fixed...
-
Profit margins and turnover ratios vary from one industry to another. What differences would you expect to find between the turnover ratios, profit margins, and DuPont equations for a grocery chain...
-
En prenant un exemple de votre choix, montrer comment on value un swap de taux de change.
-
How much would you need to invest today in order to receive: a. $10,000 in 5 years at 11%? b. $11,000 in 12 years at 8%? c. $12,000 each year for 10 years at 8%? d. $12,000 at the beginning of each...
-
A company that manufactures pulse Doppler insertion flow meters uses the Straight Line method for book depreciation purposes. Newly acquired equipment has a first cost of $190,000 with a 3-year life...
Study smarter with the SolutionInn App