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Which of the following types of variances might be seen at the conclusion of a variance analysis?
Which of the following types of variances might be seen at the conclusion of a variance analysis? This is a quiz question, and my answers are:
a. rate, quantity and staffing
b. rate, volume and acuity
c. staffing quantity and quality
d. fixed budget, flexible budget, and acuity.
I am leaning towards b, rate, volume and acuity, but I am confusing it with a because if acuity is low, then the staffing variance will be bad