Variances are labeled as
A)avoidable or unavoidable.
B)favorable or unfavorable.
C)positive or negative.
D)committed or discretionary.

Question

Quizplus · Accepted Answer

Variances are labeled as favorable or unfavorable based on whether the actual results are better or worse than expected. This helps managers to identify areas that need improvement or commendation based on their performance. The other options are not applicable to variances labeling.

Variances Are Labeled as