Author Question: The chapter describes a variance analysis process to determine where financial problems are ... (Read 41 times)

Kikoku · **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?

Briannahope · **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.