Budget Variance

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Dictionary Says

Definition of 'Budget Variance'

A periodic measure used by governments, corporations or individuals to quantify the difference between budgeted and actual figures for a particular accounting category. A favorable budget variance refers to positive variances or gains; an unfavorable budget variance describes negative variance, meaning losses and shortfalls. Budget variances occur because forecasters are unable to predict the future with complete accuracy. As a result, some variance should be expected when budgets are created.
Investopedia Says

Investopedia explains 'Budget Variance'

Budget variances can result from two sources - the things that can be controlled and things that cannot. A poorly planned budget, for example, is a controllable factor. Likewise, things like labor costs can be controlled by taking measures such as prohibiting overtime. Uncontrollable factors are often external and arise from occurrences outside of the company such as a natural disaster.
Search results for

'Budget Variance'

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    http://www.investopedia.com/articles/07/budgetingforcompanies.asp
    ... The two most basic variances are the flexible budget variance and
    sales-volume variance. The flexible budget variance compares the ...

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    http://www.investopedia.com/exam-guide/cfa-level-1/macroeconomics/effects-fiscal-policy.asp
    ... And Market Returns; 2.10 Basic Statistical Calculations; 2.11 Standard Deviation
    And Variance; 2.12 Skew And Kurtosis; 2.13 Basic Probability ...

  • CFA Level 1 Study Guide - Global Economic Analysis - Currency ...

    http://www.investopedia.com/exam-guide/cfa-level-1/global-economic-analysis/foreign-exchange-parity-influences.asp
    ... And Market Returns; 2.10 Basic Statistical Calculations; 2.11 Standard Deviation
    And Variance; 2.12 Skew And Kurtosis; 2.13 Basic Probability ...

  • CFA Level 1 Study Guide - Macroeconomics - Discretionary Fiscal ...

    http://www.investopedia.com/exam-guide/cfa-level-1/macroeconomics/discretionary-fiscal-policy-stabilizers.asp
    ... And Market Returns; 2.10 Basic Statistical Calculations; 2.11 Standard Deviation
    And Variance; 2.12 Skew And Kurtosis; 2.13 Basic Probability ...

  • CFA Level 1 Study Guide - Corporate Finance - Setting Dividends ...

    http://www.investopedia.com/exam-guide/cfa-level-1/corporate-finance/setting-dividends.asp
    ... And Market Returns; 2.10 Basic Statistical Calculations; 2.11 Standard Deviation
    And Variance; 2.12 Skew And Kurtosis; 2.13 Basic Probability ...

  • CFA Level 1 Study Guide - Corporate Finance - Target Capital ...

    http://www.investopedia.com/exam-guide/cfa-level-1/corporate-finance/target-capital-structure.asp
    ... And Market Returns; 2.10 Basic Statistical Calculations; 2.11 Standard Deviation
    And Variance; 2.12 Skew And Kurtosis; 2.13 Basic Probability ...

  • 8 High Paying Jobs That Require 2-Year Degrees - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0811/8-High-Paying-Jobs-That-Require-2-Year-Degrees.aspx
    ... Registered Nurses Though there is quite a bit of variance when it comes to nursing
    programs and the length of time it takes to complete them, many of the two ...

  • Where America's Health Spending Goes - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0212/Where-Americas-Health-Spending-Goes.aspx
    ... Of course there's a tremendous variance among patients, from Olympic decathletes
    to TV documentary subjects who undergo bariatric surgery, but the average is ...

  • CFA Level 1 Study Guide - Quantitative Methods - Net Present Value ...

    http://www.investopedia.com/exam-guide/cfa-level-1/quantitative-methods/discounted-cash-flow-npv-irr.asp
    ... And Market Returns; 2.10 Basic Statistical Calculations; 2.11 Standard Deviation
    And Variance; 2.12 Skew And Kurtosis; 2.13 Basic Probability ...

  • Why Can't Economists Agree?

    http://www.investopedia.com/articles/economics/09/why-economists-do-not-agree.asp
    ... savings rate; Business and personal bankruptcy rates; National debt; Federal budget
    deficit; ... of economic data, their judgments may be at variance with economists ...

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