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budget variance

The difference in the amount on a current budget to the amount on a projected budget.

Related information about budget variance:
  1. Variance (accounting) - Wikipedia, the free encyclopedia
    In budgeting (or management accounting in general), a variance is the difference between a budgeted, planned or standard amount and the actual amount ...
     
  2. Budget Variance Definition | Investopedia
    A favorable budget variance refers to positive variances or gains; an unfavorable budget variance describes negative variance, meaning losses and shortfalls.
     
  3. What is a budget variance? - Questions & Answers - AccountingTools
    Dec 7, 2010 ... A budget variance is the difference between the budgeted or baseline amount of expense or revenue, and the actual amount. The budget ...
     
  4. What Is Budget Variance?
    Budget variance is a difference between a planned budget and the actual outcome. The main reasons that budget variance occurs is...
     
  5. Budget Variance: Definition from Answers.com
    1. any difference between a budgeted figure and an actual figure. 2. any difference between actual factory overhead costs and standard (flexible budget)
     
  6. What is budget variance? definition and meaning
    Definition of budget variance: Difference between the actual amount incurred or realized, and the corresponding forecasted (budgeted) figure.
     
  7. Assignment example: Calculating a variance
    %Budget Variance% = (Actual – Budget) / Budget . Variance calculations can also be applied to aggregations of dimension hierarchies, or to leaf levels. Thus ...
     
  8. What Are Some Examples of Budget Variances? | Chron.com
    A budget variance is a discrepancy between the predicted cost or revenue in a given account. A budget variance may include a revenue shortfall due to an ...