Difference between revisions of "Variance analysis"

From ACT Wiki
Jump to: navigation, search
(Update.)
(Add link.)
Line 15: Line 15:
 
*[[B/(W)]]
 
*[[B/(W)]]
 
*[[Favourable]]
 
*[[Favourable]]
 +
*[[Sign convention]]
 
*[[Variance]]
 
*[[Variance]]
 
* [[Budget]]
 
* [[Budget]]

Revision as of 09:37, 18 December 2016

1.

The process of analysing and explaining differences between reported figures and forecast or budgeted figures.


2.

More broadly, the analysis of differences between two sets of related figures.

Also known as 'comparative analysis'.


See also