answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: What process requires a variance from the regulatory authority?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Math & Arithmetic

What is variance?

In most production management systems, a "Planned" quantity and material cost is calculated based on the associated Bill of Materials (BOM) and Operatons being performed (Route) creating labor and overhead related costs. The "Actual" quantities, material costs, and labor/overhead costs are issued to a Work in Process (WIP) account and the quantities/values of the produced items are recieved from the WIP account. A variance usually occurs when there is a difference between the issued material cost plus labor and overhead and the recieved material cost of the produced item. The reasons for these variances can be differences in planned vs actual quantities, differences in system or planned cost of materials, labor, or overhead vs actual cost, or any other potential reason for an unplanned difference.


How do GARCH processes work?

GARCH processes are used to model the conditional volatility of financial returns in discrete time. There are many many different types of GARCH, the most popular and simplest being the GARCH(1,1), where returns have mean mu and conditional variance vt (t indexes time): returnt = mu + sqrt(vt)et where et is a standardized innovation.Conditional variance follows a first order autoregressive process: vt= a + b* vt-1 + c* vt-1*et-1^2


What is a SAS 99 or what is meant by it?

An SAS 99 is part of the auditing standards. It is one of the rules which requires auditors to look for any signs of fraud throughout the process and take action where needed.


Why didn't the Romans use aluminum?

Aluminium was unknown to the Romans as they did not have the technology to produce it. --------------------------------------------------- You can not smelt aluminium or in a furnace, the process requires electricity. The Romans did not have electricity and therefore the metal aluminium was unknown to them


Do you put a period after inc?

Yes. Inc. is an abbreviation for incorporated and generally requires a period at the end. However, if you are referring to a specific company name, follow the punctuation provided by that company since the punctuation is intentionally chosen by that company in the incorporation process.

Related questions

Car 21 has what terms of approval?

Car 21 is a aircraft regulatory Authority. It regulates the changes and approval of all requirements to aircrafts commercial and business. The application process is the first requirement.


What is a building code variance?

A building code variance is a permit issued by the municipality that allows some sort of a violation of the building code. For example, the town may decide to allow a house to be built on a lot with 190 foot frontage when the building code requires 200 foot frontage. The process for obtaining a variance includes a study of the request and how it would impact the neighborhood. The abutters are given notice of the request and the opportunity to file any objections. Once the variance is issued it must be recorded immediately in the land records and will benefit the property from that time on.


Is nuclear energy easy to access and why?

No, nuclear energy is not easy to access because it requires specialized infrastructure, technology, and regulatory framework to operate safely and securely. Additionally, the process of obtaining nuclear fuel, overseeing reactor operations, and managing radioactive waste is complex and requires significant expertise.


What cellular process process requires the presence of chlorophyll?

Photosynthesis requires the presence of chlorophyll.


What experience or education is needed as an options broker?

To become an options broker, you will need to get an education in finance. You will then have to be certified by your national regulatory agency, a process that usually requires several tests. In the United States, you must be sponsored by a brokerage firm to be certified.


What is a building code?

A building code variance is a permit issued by the municipality that allows some sort of a violation of the building code. For example, the town may decide to allow a house to be built on a lot with 190 foot frontage when the building code requires 200 foot frontage. The process for obtaining a variance includes a study of the request and how it would impact the neighborhood. The abutters are given notice of the request and the opportunity to file any objections. Once the variance is issued it must be recorded immediately in the land records and will benefit the property from that time on.


FAR Part 15 provides the main regulatory guidance for the contract termination process?

False


Why variance is bigger than standard deviation?

The variance is standard deviation squared, or, in other terms, the standard deviation is the square root of the variance. In many cases, this means that the variance is bigger than the standard deviation - but not always, it depends on the specific values.


What process uses energy?

Diffusion is a process that requires no energy (by an organism).


Which process requires the sperm and egg cells?

That process is the fertilization. It is the joining of sperm and ovum.


What cell process requires energy?

Cell respiration requires the process of energy and cells rely on active transport to provide the amount of energy.


Is generic medicines approved by a regulatory authority?

Even for equivalent medicines the marketing authorization is provided by the regulatory authorities like FDA. However, manufacturers of generics do not have to repeat the safety and efficacy studies: these in fact had already been conducted by the originator of the product manufacturer at the time of the first approval. Simply so that present to the Agency a dossier demonstrating the bioequivalence of the product, the ability of the production and the measures adopted to ensure the quality control process.