Sales variance analysis is used by managers for:
A)Planning purposes only.
B)Budgeting purposes only.
C)Control purposes only.
D)Planning and control purposes.
E)Planning and budgeting purposes.

Question

Quizplus · Accepted Answer

Sales variance analysis helps in both planning and control purposes. By comparing actual sales with budgeted sales, managers can identify areas where the company is performing well or where it needs improvements. This information can be used to adjust future plans and make better business decisions. Additionally, understanding the reasons for sales variances helps managers to control the sales performance of their teams and take corrective actions to meet their targets.

Sales Variance Analysis Is Used by Managers For