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variance analysis

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variance analysis

Looking at variances in budgeting and costings and determining their causes. Variances are not referred to as positive or negative but as favourable or adverse, that is contributing to profits or reducing them.



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Swanson explain ways in which cash flow and variance analysis can address uncertainty by providing tactical insight into the organization's financial position.
Variance Analysis Table 2 summarises the impact of each of the major groups of factors, economic and demographic.
Frequency, percentage and variance analysis were used for other descriptive statistics like which strategy is taught in which dimension and how it is perceived by students.
 
 
 
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