Variance Analysis Involves the Steps Listed Below

Multiple Choice

Variance analysis involves the steps listed below. In which order should the steps be performed?
1) Calculate variances
2) Choose variances for further investigation
3) Draw conclusions and take action
4) Identify reasons for variances

A) 1, 2, 3, 4
B) 2, 1, 3, 4
C) 2, 1, 4, 3
D) 1, 2, 4, 3