When completing a variance analysis,we describe variances as ________ or ________.
A)good;bad
B)favorable;unfavorable
C)positive;negative
D)ideal;less than ideal

Question

Quizplus · Accepted Answer

When completing a variance analysis, we describe variances as favorable or unfavorable. This is because variances can either have a positive impact (favorable) or a negative impact (unfavorable) on the overall performance and success of a project or business. Using terms like "good" and "bad" or "positive" and "negative" can be too subjective and may not accurately convey the impact of the variances. The terms "ideal" and "less than ideal" are also too subjective and do not provide a clear indication of whether the variance is helping or hindering the project or business. Therefore, the best choice is B (favorable; unfavorable).

When Completing a Variance Analysis,we Describe Variances as ________ or ________

When Completing a Variance Analysis,we Describe Variances as or