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    Cost Variances Primary Reasons

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    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!

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    Solution Preview

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

    Solution Summary

    The expert examines the cost variances for primary reasons.