90.2K
Verified Solution
Link Copied!
Why should dollar and relative differences be used jointly in variance analysis?
Group of answer choices
Because managers need to utilize the budget report to compare actual results to the budget
All of the above
Because dollar differences might fail to recognize the magnitude of percentage variances and it might appear insignificant if analyzed separately
Because variance analysis is done for revenue, cost of goods sold and variable labor
Answer & Explanation
Solved by verified expert
