B/(W): Difference between revisions
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When the label is B/(W) the positive numbers are better than budget or prior period. | When the label is B/(W) the positive numbers are better than budget or prior period. | ||
Under this convention, negative numbers are unfavourable, also known as 'adverse'. | |||
When the label is (B)/W the opposite applies - negative numbers would be better and favourable. | When the label is (B)/W the opposite applies - negative numbers would be better and favourable. | ||
Under (B)/W positive numbers are worse and adverse. | |||
Revision as of 15:53, 15 November 2015
Better / (Worse).
A label in financial reporting to indicate whether positive differences are good news - also known as 'favourable', or more simply better.
When the label is B/(W) the positive numbers are better than budget or prior period.
Under this convention, negative numbers are unfavourable, also known as 'adverse'.
When the label is (B)/W the opposite applies - negative numbers would be better and favourable.
Under (B)/W positive numbers are worse and adverse.
