Variance analysis. Part I, Extending flexible budget variance analysis to acuity
Related Experiment Videos
1Robert F. Wagner Graduate School of Public Service, New York University, New York.
The Journal of Nursing Administration
|July 1, 1991
Abstract:
The author reviews the concepts of flexible budget variance analysis, including the price, quantity, and volume variances generated by that technique. He also introduces the concept of acuity variance and provides direction on how such a variance measure can be calculated. Part II in this two-part series on variance analysis will look at how personal computers can be useful in the variance analysis process.