Page 80 - IMDR MSME BOOK 2021

Managing Finance in Micro, Small & Medium Enterprises
P value is greater than 0.05 which makes us accept the
null hypothesis and concludes that there is no
signicant difference among various groups of
respondent rms and conducting periodic variance
analysis. It is concluded that MSMEs do conduct
variance analysis periodically to control the cost.
H05 – There is no signicant association between
increase in NPAT and periodic variance analysis.
The attempt has been made to test whether there is a
signicant statistical association between increase in
NPAT and periodic variance analysis. MSMEs are
grouped based on their annual turnover. Regression
analysis is used to test the hypothesis using Microsoft
Excel.