What do variances indicate?
A)the cause of the variance
B)who is responsible for the variance
C)that actual performance is not going according to plan
D)when the variance should be investigated

Question

Quizplus · Accepted Answer

Variances indicate that actual performance is different from the planned performance, which may require investigation to identify the cause and take corrective action. They do not indicate who is responsible for the deviation, nor do they suggest a specific timeframe for investigation.

What Do Variances Indicate