Meaning Of The Word Variance

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Variance Meaning

Variance Definition
Variance Definition

What's The Definition Of Variance?

variance in Accounting
Variance is the difference between an actual cost and a budgeted or standard cost.

variance in American English
the quality, state, or fact of varying or being variant; a changing or tendency to change
noun: the state, quality, or fact of being variable, divergent, different, or anomalous

variance in British English
noun: the act of varying or the quality, state, or degree of being divergent; discrepancy

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