What does Variance Analysis mean?
The quantitative investigation of the difference between actual and planned behavior in budgeting and costing.
Variance analysis helped the team identify that the increase in expenses was due to rising raw material prices.
Variance Analysis in German, French, Spanish and Italian
GermanAbweichungsanalyse
Unterscheidung zwischen Preis-, Mengen- und Beschäftigungsabweichungen.
FrenchAnalyse d'écart
also Analyse de variance
Analyse des écarts entre les prévisions et les réalisations.
SpanishAnálisis de variaciones
also Análisis de desviaciones
Investigación de las causas de las diferencias entre lo presupuestado y lo real.
ItalianAnalisi degli scostamenti
Indagine quantitativa delle differenze tra budget e risultati effettivi.
Common phrases with Variance Analysis
- perform variance analysis
- report variance analysis
- favorable variance analysis
- unfavorable variance analysis
- conduct variance analysis
Synonyms and opposites for Variance Analysis
- Synonym Deviation analysis