What is Variance analysis?

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
 

    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.....

Post your comment / Share knowledge


Enter the code shown above:
 
(Note: If you cannot read the numbers in the above image, reload the page to generate a new one.)