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What is Variance analysis?
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Management Accounting
Q. The sum of actual cost and the standard cost is known as variance analysis.
- Published on 03 Sep 15
a.
True
b.
False
ANSWER: False
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Discussion
Emelly
-Posted on 24 Dec 19
Variance analysis is the total different between the actual cost and standard cost hence it can't be the sum
Rahul thapar
-Posted on 02 Oct 19
The above difference is called cost variance.....
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