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Author Question: The chapter describes a variance analysis process to determine where financial problems are ... (Read 37 times)

Kikoku

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on: Aug 10, 2018
The chapter describes a variance analysis process to determine where financial problems are occurring and what corrective actions can be helpful.
 
  To what extent should a restaurant manager involve subordinate personnel in the variance analysis process?

Question 2

Name two popular brands of Canadian blended whiskeys.
 
  What will be an ideal response?


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Briannahope

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Reply #1 on: Aug 10, 2018
Answer to Question 1

At the least, the department heads responsible for significant variances in revenue and cost should be involved in the variance analysis process. Input from employees within an affected department may explain reasons for negative variances, and the employees may be involved in procedures to correct them..

Answer to Question 2

Canadian Club, Crown Royal, and Seagram's V.O.


Kikoku

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Reply 2 on: Aug 10, 2018
Gracias!

kilada

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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