Hi Sammywrite. In my opinion, variance analysis is extremely important for a business.
The variance is the difference between the actual value and the expected value. The variance can be favorable (an improvement compared to the budget) or unfavorable (a deterioration compared to the budget).
!LUV
Hi Sammywrite. In my opinion, variance analysis is extremely important for a business.
The variance is the difference between the actual value and the expected value. The variance can be favorable (an improvement compared to the budget) or unfavorable (a deterioration compared to the budget).
!LUV