Syllabus D7. Performance Analysis 11 / 11

a) Analyse and evaluate past performance using the results of variance analysis.
b) Use variance analysis to assess how future performance of an organisation or business can be improved.
c) Identify the factors which influence behaviour.
d) Discuss the effect that variances have on staff motivation and action.
e) Describe the dysfunctional nature of some variances in the modern environment of JIT and TQM.
f) Discuss the behavioural problems resulting from using standard costs in rapidly changing environments.
Performance Analysis