Finance Analyst Question:
Tell me what is variance analysis and mention about the time that you used variance analysis to conclude?
Answer:
The evaluation of performance by means of variance is mentioned as variance analysis. Its timely reporting is one which enhances the opportunity for remedial action. You can mention your previous example about variance analysis and the way you used it. in order to answer this question make sure to identify the issue, discourse about variance analysis, its reason and impact and also a projected corrective measure.