What role should budget variance analysis playin a company?

Answer #1

It’s huge, and it can make a difference in lost or gained profits. It’s the owners responsiblity to see that the contoller is keeping on top of it.

It should be looked at weekly, if not daily. it’s something that the compnay has to stay on top of, and other external things will effect it, I.e. gas prices, insurance costs, taxes, tax changes, etc.

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What role should budget variance analysis playin a company?

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