Ask Question
16 December, 01:15

What is budget variance?

+5
Answers (1)
  1. 16 December, 01:35
    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?
Get an answer to your question ✅ “What is budget variance? ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers