A variance that results from expected economic conditions that do not materialize is called what?

Sales variance
Planning variance
Economic variance
Material variance

Respuesta :

Answer: Economic variance

Economic Variance is stated as a statistical technique to measure how much a collection of data/observations will differ from others. Also in financial analysis, this is referred to as how much an actual expense aberrates from a budgeted amount.

Therefore the correct option is Economic variance

Answer:

ya

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That person is correct!

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