Sir the following statement is false can you please explain this statement why is it false there is no reason given in the kit?
Variance analysis results will take into account important criteria such as customer satisfaction or quality of production
Ask the Tutor ACCA PM
Variance
5y ago#1The analysis simply tells us that something has gone better or worse than expected, but it does not tell us why.
It could well be that, for example, am adverse sales volume variance is due to poor customer satisfaction. However the analysis only tells us that sales are lower - it is then up to the company to investigate the reasons for it having happened.
Sign into reply to this topic.