Question

What is the main purpose of variance analysis in budgeting in cost accounting?

A To avoid preparing budgets
B To compare employee performance
C To increase production automatically
D To analyse the difference between standard and actual costs
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)