What Variance?

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.

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

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

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

Prepare this assignment according to the guidelines found in the APA Style Guide.

This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.

You are required to submit this assignment to Turnitin..

RUBRIC

Variance Analysis