The cumulative variable is equal to
A)favorable variances less unfavorable variances over the previous months.
B)favorable variances plus unfavorable variances over the previous months.
C)this months planned expenses less actual expenses.
D)this months actual expenses less planned expenses.

Question

Quizplus · Accepted Answer

The cumulative variable is equal to favorable variances less unfavorable variances over the previous months, which is a way to measure overall performance against budget or plan over time.

The Cumulative Variable Is Equal to