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Which of the following four statements is aprerequisite for carrying out a detailed variance analysis?
Which of the following four statements is a
prerequisite for carrying out a detailed variance analysis?
You need to know sales per product and margins per product
The information on which the variance analyses arebased must be available in both budget and actual terms.
The information on which the variance analyses are
based must be available in both budget and actual terms.
You need to be a management controller
You need to be able to calculate the mix of each product.
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