What is meant by the term variance?

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Managerial Accounting

ISBN: 9780073526706

12th Edition

Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer

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Question Posted: Mar 31, 2012 12:45 AM

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What is meant by the term variance?

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A variance is the difference between what was planned or expected and what was actual...View the full answer

Managerial Accounting

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