Encyclopedia > V > Variance (accounting)
Variance (accounting)
In budgeting (or management accounting in general), a variance is a difference between budgeted, planned or standard amount and the actual amount incurred/sold. Variances can be computed for both costs and revenues.
Information are taken from Wikipedia, the open encyclopedia, to which contribute many volunteers from around the whole world. Texts are available under the following conditions GNU Free Documentation License.
Encyklopedie (cz) Encyklopédia (sk) Enzyklopädie (de)