To help managers with their evaluations,managerial accountants often perform
A)Time tests.
B)Spot checks.
C)Variance analysis.
D)Performance reviews.

Question

Quizplus · Accepted Answer

Variance analysis is a key tool used by managerial accountants to compare actual results to budgeted or expected results. By analyzing the variances, managers can identify areas where they need to focus their attention and make adjustments to improve performance. This information is useful in performance reviews and helps managers to make informed decisions to improve their team's performance. Time tests and spot checks are typically performed by operations or production managers to ensure efficiency and quality control.

To Help Managers with Their Evaluations,managerial Accountants Often Perform