Ask Question
17 December, 21:23

What is budget variance?

+2
Answers (1)
  1. 18 December, 00:11
    0
    A budget variance is the difference between the budgeted or baseline amount of expense or revenue, and the actual amount. Thebudget variance is favorable when the actual revenue is higher than the budget or when the actual expense is less than the budget.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “What is budget variance? ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers