Reference no: EM132473764

Point 1: As you have learned through reading these chapters, a variance is the difference between budgeted and actual results within a specific area of the organization. The reason we study this topic is to assess performance and subsequently react to the variance information we have received. In your initial post, analyze the use of variance analysis as a basis for performance evaluation within an organization. You may choose any government, non-for-profit, o profit entity when writing your post.

Question 1: Discuss variance analysis with peers. Do you think variance analysis helps or hinder performance evaluation within the organization? Should It be used as the only measure to evaluate performance.