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Q: Is Variance Analysis is a useful tool of budgetary control?
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What is gap analysis?

The process of determining, documenting, and approving the variance between business requirements and system capabilities. The process of determining and evaluating the variance or distance between two items’ properties being compared. The study of the differences between two different systems or applications, often for the purpose of determining how to get from one state to a new state. A gap is sometimes spoken of as “the space between where we are and where we want to be.” Gap analysis is undertaken as a means of bridging that space. Online IT Guru provides professional courses such as AWS, Business Analyst, DevOps and PCBA courses.


What is a variance report?

It is a report to see how a business is doing by comparing one set of figures to another. The variance is the number in between and can be useful in forecasting or to chart performance.


1.9 Describe the different functions of management accounting?

The functions of management accounting include: Budget control, ratio analysis, fund flow analysis and cash flow analysis. Management accountingâ??s main function is to collect accounting data which is useful for different managerial functions.


Would it be useful to perform an income analysis of a single family dwelling that is owner-occupied Why or why not?

There are four useful analysis that perform from a single family that are owners. The four analysis are credit reports, income, collateral and automated underwriting.


Is chromatography useful?

you can use to see what colors are in pen inkAnswer:There are several types of chromatography:Gas ChromatographyLiquid ChromatographyIon Exchange ChromatographyAffinity ChromatographyAll allow the analysis of a solution by splitting its component parts into discernible fractions. This is useful in the analysis of unknown liqids, DNA analysis and gas analysis.


What is meant by SAS how its useful?

Is a statistical analysis software, and used for ...


Why is dimensional analysis useful?

dimensional anaylisis is useful for many reasons, mainly because without it YOU AINT SHIzznitt so there for it is very useful


What is the purpose of a correlation analysis?

The purpose of correlation analysis is to check the association between two items. This can be useful in determining accuracy.


In which step is it most useful to use quantitive analysis?

Evaluating alternatives


Which data gathering activity would be useful for biomechanical analysis?

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How might SWOT analysis be useful to Mike Rapino?

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What are the topics covered in management accounting?

Objective: This course aims at introducing the student to how useful accounting information is prepared, and how it is effectively used, for the purpose of decision-making.Course content: Overview and introduction to management accounting Cost Concepts, Classifications, Terminology and behavior, Job costing and Activity Based Costing, inventory Costing and Capacity Analysis, Cost-Volume-Profit Analysis, Short-term Decision-Making and Relevant Costing, Long-term Decision Making, Pricing Decisions, Master Budget and Flexible Budgeting and variance analysis.