In variance analysis, Adverse and Favourable variances are subjective to the type of variance being...

80.2K

Verified Solution

Question

Accounting

In variance analysis, Adverse and Favourable variances are subjective to the type of variance being calculated.

What type of variance determines a variance favourable or adverse when the budgeted is greater than the actual?

What type of variance determines a variance favourable or adverse when the budgeted is less than the actual?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students