Explore BrainMass

Explore BrainMass

    Cost Variances Primary Reasons

    Not what you're looking for? Search our solutions OR ask your own Custom question.

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    The primary reason for using cost variances is _________.

    to diagnose the cause of a problem and what should be done to correct it, for superiors to communicate expectations to lower level employees, to administer appropriate discriplinary action, or for financial control of operating activities

    I believe the answer is - for financial control of operating activities - please advise answer & why - thanks!

    © BrainMass Inc. brainmass.com March 4, 2021, 6:12 pm ad1c9bdddf
    https://brainmass.com/business/management-accounting/cost-variances-primary-reasons-34701

    Solution Preview

    Yes you are right it is done for finnacial control of ...

    Solution Summary

    The expert examines the cost variances for primary reasons.

    $2.49

    ADVERTISEMENT