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Other Fields Homework Help Economics Topic started by: pduvin on Nov 5, 2017



Title: A variance is the difference between the actual cost for the current and previous year. T/F?
Post by: pduvin on Nov 5, 2017
A variance is the difference between the actual cost for the current and previous year.
 T/F?


Title: Re: A variance is the difference between the actual cost for the current and previous year. T/F?
Post by: btpsand on Nov 5, 2017
False
Explanation:  A variance is the difference between actual results and expected (or budgeted) performance.