Accounting Glossary Definition (English)
Variance Defined
The following is in context to Accounting, because it's common for a single word to have multiple meanings you will find additional research links near the bottom of the page.
"The variance often compares some standard with the actual. In government, the standard can be the budget. Thus, the effort in government is often to stay within the budget and to avoid unfavorable variances, that is, where the actual is out of line with the budget."
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Additional Variance Definition Starting Points
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