What is (a) An adverse variance, (b) A favorable variance?

Question:

What is 

(a) An adverse variance, 

(b) A favorable variance?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Accounting For Non Accounting Students

ISBN: 9781292286938

10th Edition

Authors: John Dyson, Ellie Franklin

Question Posted: