The process of calculating variances and analysing the reasons they occurred is called: trend analysis

Accounting Sep 08, 2020

The process of calculating variances and analysing the reasons they occurred is called:

trend analysis.

benchmarking.

variance analysis.

budget analysis.

Expert Solution

The process of calculating variances and analyzing the reasons they occurred is called Variance analysis. It analysis deviations in the budgeted and actual financial performance of a company.

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