Which of the following is not part of the flow of events in variance analysis?

select one:
a. preparing a standard cost performance report.
b. identifying questions and their explanations.
c. taking corrective and strategic actions.
d. computing and analyzing variances.
e. working to ensure that all variances are favorable.

e. Working to ensure that all variances are favorable.

Explanation:

the steps in effective management of variance analysis

Identifying questions and their explanations

Preparing standard cost performance reports

Taking corrective and strategic actions

Computing and analyzing variances

So the option is E.

Working to ensure that all variances are favorable.

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