FEATURE1) Diagrams. consisting of three or more components connected by arrows are quite In harmony with the original formulae. The variance emerging between two adjacent components along with the interrelationship of other components in a diagram are clearly understandable at a glance.2) Diagrams prescribed in this book act as a prelude to solving problems. simple or complex. and help prompt detection of inconsistencies, if any, in on-going computations .3) The nature of variance (Favourable or Adverse) can be determined automatically due to in built system4) Diagram serves as a searchlight showing the ways to get through multiple situations entangled in variance analysis problems. as it is encountered in general. in case of Labour. Fixed Overhead, Change in Profit. Market Share and Market Size. Planning and Operational Variances etc.5) In appropriate cases, it works as a good catalyst for instant solutions and hence acts as an excellent time-saving device:6) Important data can be picked up from known location for using the same instantly and consistently in the rest of the computation I analysis, if need arises7) This book may be regarded as a resourceful question bank having nearly 200 unique problems chosen from the questions set in the examination conducted by the institutes like ICWAI / ICA~/ I CSII CIMA (London) IICFAI as well as M.Com & B.Com (H) of different universities over a period more than three decades.8) Last but not the least. the visual effect of the diagrams is likely to capture the heart of students who are scared and still have in mind that solving a vari an~e analysis problem is analogous to beating about the bush. In view of this. they usually resort to cramming of several formulas which are often lost in their memories in the examination hall. Going through this book, they will soon realize that the subject is not that dry as they think and they can also smell its fragrance, if they wish to.
1st Edition, November 2014