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Excel Applications for Accounting Principles 4th Edition by Gaylord Smith
Edition 4ISBN: 978-1111581565Excel Applications for Accounting Principles 4th Edition by Gaylord Smith
Edition 4ISBN: 978-1111581565 Exercise 1
CHART ANALYSIS
Close the PRIMEVAR4 file and open PRIMEVAR3. Click the Chart sheet tab. On the screen is a graphical representation of the variances computed in requirement 3. Review the chart and answer the following questions:
a. Which variances does each bar represent
A _________
B _________
C _________
D _________
b. Which of the variances shown would be of most concern to management for immediate attention (Consider groups of variances and materiality also.) Explain.
When the assignment is complete, close the file without saving it again.
Close the PRIMEVAR4 file and open PRIMEVAR3. Click the Chart sheet tab. On the screen is a graphical representation of the variances computed in requirement 3. Review the chart and answer the following questions:
a. Which variances does each bar represent
A _________
B _________
C _________
D _________
b. Which of the variances shown would be of most concern to management for immediate attention (Consider groups of variances and materiality also.) Explain.
When the assignment is complete, close the file without saving it again.
Explanation
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Verified
The chart below represents each variance...
Excel Applications for Accounting Principles 4th Edition by Gaylord Smith
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