During the school year a position should be no longer than 15-20 hours a week. The time commitment should reflect how substantial the position/internship project is -- you should be able to easily fill up the internsâ hours with projects related to the position description.(See Chart Above).uring the school year a position should be no longer than 15-20 hours a week. The time commitment should reflect how substantial the position/internship project is -- you should be able to easily fill up the internsâ hours with projects related to the position description. (See Chart Above).
There are three primary causes of budget variance: errors, changing business conditions and unmet expectations. Errors by the budget creators can occur when the budget is being compiled. There are a number of reasons for this, including faulty math, using the wrong assumptions and relying on stale or bad data. Changing business conditions, including changes in the overall economy, can cause budget variances.
What is variance analysis? In accounting, a variance is the difference between an expected or planned amount and an actual amount. For example, a variance can occur for items contained in a department's expense report. Variance analysis attempts to identify and explain the reasons for the difference between a budgeted amount and an actual amount. Variance analysis is usually associated with a manufacturer's product costs.