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Are Your Big Projects Profitable?

CFO Bookshelf

CHAPTER

The Difference Between Variance and Variance

reginald lee: What is the difference between variance and variation? He says in production, there's always going to be variation. And so one of his big issues was that we get so wrapped around trying to calculate accounting variances for a process where there's a natural variation,. It really doesn't make any sense," he said.

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