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What Is ‘variance Analysis’ In Co-om-cca? |
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Answer» ‘VARIANCE Analysis’ is the determination and interpretation of the difference(s) between the actual and planned (target) costs (within a cost center/cost center group) in cost center accounting. The analysis is intended to PROVIDE important clues to TOP management to PLAN better LATER. ‘Variance Analysis’ is the determination and interpretation of the difference(s) between the actual and planned (target) costs (within a cost center/cost center group) in cost center accounting. The analysis is intended to provide important clues to top management to plan better later. |
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