A Profit Variance Disaggregated by Income Statement Line Item Is

Multiple Choice

A profit variance disaggregated by income statement line item is of limited value in a responsibility accounting system because:

A) The resulting variances lack detail.
B) The resulting variances are not available in a timely fashion.
C) The resulting variances are based on external benchmarks.
D) The resulting variances are based on inadequate financial accounting measures.