Accounting · Management Accounting
Which of the following statements regarding the problems of introducing a system of planning and operational variances is/are true? 1. Operational managers may argue that variances are due to the original budget being unrealistic. 2. Operational managers may seek to blame uncontrollable external factors for the variances.
- 1Neither 1 nor 2
- 2Both 1 and 2✓
- 32 only
- 41 only
Correct answer
Both 1 and 2
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