The difference between actual results and budgeted,or expected,results is referred to as
A)a variance.
B)a production flaw.
C)an unfavorable outcome.
D)a favorable outcome.

Question

Quizplus · Accepted Answer

The difference between actual results and budgeted or expected results is referred to as a variance. This can be either favorable or unfavorable depending on whether the actual results are better or worse than the budgeted or expected results.

The Difference Between Actual Results and Budgeted,or Expected,results Is Referred