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<p><span style="font-weight: 400;">This is a quantitative examination of the difference between actual and planned behavior. Variance analysis is used to understand why variations occurred, whether they are a result of changing conditions, new information, or unforeseen factors, and to adjust operational and financial strategies accordingly. It is critical for maintaining control over a company&#8217;s finances by monitoring, controlling, and adjusting to deviations.</span></p>
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Variance Analysis

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