Discuss interpreting variance report results

Assignment Help Management Theories
Reference no: EM131594670

Question: You are the manager of a variable hospital department, and you just received your monthly budget results that state that your salaries were higher and your supplies were lower than budgeted. Your vice president expects managers to write detailed variance reports that include all possibilities.

- Write a paper of 750-1,000 words that explains what factors you should consider when writing your variance report to your vice president.

- Include the relationships between variance reporting, interpreting variance report results, and actual results of performance.

- Cite a minimum of three references to support your rationale.

Reference no: EM131594670

Questions Cloud

What agencies dispatch ems units in polk county fl : What agencies dispatch EMS units in Polk county FL? What type of radio systems are used by public safety agencies in Polk county FL?
Average amount of the company accounts receivable : What is the average amount of the company's accounts receivable?
Prepare february journal entries for company payroll tax : During the month of February, Swifty Corporation's employees earned wages of $106,560. Prepare the February 28 journal entries for company payroll tax expense
What is a preferred stock : What do bond ratings show you? What is a preferred stock? Why preferred stocks are called hybrid securities?
Discuss interpreting variance report results : You are the manager of a variable hospital department, and you just received your monthly budget results that state that your salaries were higher.
How would you handle budget planning : How would you handle budget planning? What you learned from completing your own floor plan? What is your rationale for design choices?
Was it present in the report that you reviewed : This paragraph is not required. Was it present in the report that you reviewed? Do you think it should be required? Why or Why not
Contrast to us inflation : Assume China had an inflation rate of about 1.6% in a recent year, in contrast to U.S. inflation of about 2.2%
Describe the risk profile of the business of walt disney : Describe the risk profile of the business of Walt Disney. Where do the company risks come from - market, firm, industry, currency, etc.).

Reviews

Write a Review

Management Theories Questions & Answers

  How has beta transferred the check

Beta delivers the check to Gamma without indorsing it in exchange for one hundred shares of General Motors stock owned by Gamma. How has Beta transferred the check? What rights, if any, does Gamma have against Beta?

  What might rogers have done differently as president

We note in the chapter that having a broad range of interpersonal skills to draw on makes us more effective organizational participants.

  Discuss the strategic management activities

Discuss how relevant you think Sun Tzu's Art of War writings are, for firms today, in developing and carrying out a strategic plan.

  What is the liability of a common carrier of goods

What law governs private carriers' contracts for transporting goods, and what is their liability? When may a common carrier refuse service?

  Name three aids to manual calculating

According to the author, why is there good reason to say we are living in the Information Age and What can the Amish teach us about our relationship with technology?

  What pressures did you experience in that role

Which of the types of power (described in this chapter) that stakeholders can use have you effectively used in a conflict or disagreement over a complex issue?

  What condition duration of the pension investment irrelevant

How does the length of time that the pension contribution will remain in the pension account affect whether pension is preferred to salary?

  Describe m-commerce and explain how it is different

Describe m-commerce and explain how it is different from regular EC and describe three human-based controls for safeguarding information systems. What is EC, and what different business models do companies use to compete in cyberspace?

  Should the court stop it from doing so

The Dear Corporation, which had a national and international goodwill in its business, now begins the manufacture of such machines contrary to its agreement. Should the court stop it from doing so? Explain.

  What is your understanding of holacracy

What's your understanding of holacracy? How would you describe it compared to bureaucracy and team-based structure? Discuss how Contingency Factors of Organisational Design are at work in the case of Zappos

  Write a paragraph-an internal blog at adobe

Message Strategies: Good-News Messages [LO-4] In both print and online communication, it's hard to escape the impact of Adobe Systems, the company behind Acrobat, Photoshop, Flash, InDesign, and other programs used to create and share textual and ..

  Problem regarding the managing information technology

What are the possible consequences of introducing a company-wide Management Information System into an organisation?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd