Alerts
Wishlist
Cart
Sign In
Categories
Current Affairs & GK
Current Affairs
Show All Current Affairs & GK
eBooks
General Aptitude
Arithmetic Aptitude
Data Interpretation
Show All General Aptitude
General Knowledge
Basic General Knowledge
General Science
Show All General Knowledge
Medical Science
Anatomy
Biochemical Engineering
Biochemistry
Biotechnology
Microbiology
Show All Medical Science
Technical
Database
Digital Electronics
Electronics
Networking
Show All Technical
Verbal and Reasoning
Logical Reasoning
Verbal Ability
Verbal Reasoning
Show All Verbal and Reasoning
›
What does a negative variance in budget analysis typically indicate?
What does a negative variance in budget analysis typically indicate?
Expand All
Collapse All
Practice Questions
1 question
Q1
What does a negative variance in budget analysis typically indicate?
Underperformance in revenue generation
Overperformance in cost control
Excessive spending compared to budget
Accurate forecasting
Show Solution
Copy
A negative variance indicates that actual spending exceeded the budgeted amount, suggesting excessive spending.
Questions & Step-by-step Solutions
1 item
Q
Q: What does a negative variance in budget analysis typically indicate?
Solution:
A negative variance indicates that actual spending exceeded the budgeted amount, suggesting excessive spending.
Steps: 5
Show Steps
Step 1: Understand what a budget is. A budget is a plan that shows how much money you expect to spend.
Step 2: Know what actual spending means. Actual spending is the real amount of money you spent.
Step 3: Learn about variance. Variance is the difference between what you budgeted and what you actually spent.
Step 4: Identify what negative variance means. A negative variance occurs when actual spending is more than the budgeted amount.
Step 5: Recognize the implication of negative variance. It suggests that you spent more money than you planned, indicating excessive spending.
Related Questions
I
If a company has a net income of $250,000 and total revenue of $1,000,000, what
Question: If a company has a net income of $250,000 and total revenue of $1,000,000, what is the pro..
A
A business incurs a loss of 15% on selling a product for $425. What was the cost
Question: A business incurs a loss of 15% on selling a product for $425. What was the cost price?Opt..
A
A firm has a current ratio of 2:1 and current liabilities of $50,000. What are t
Question: A firm has a current ratio of 2:1 and current liabilities of $50,000. What are the current..
I
If a product is sold for $240 after a discount of 20%, what was the original pri
Question: If a product is sold for $240 after a discount of 20%, what was the original price?Options..
I
If a company has total assets of $1,000,000 and total liabilities of $600,000, w
Question: If a company has total assets of $1,000,000 and total liabilities of $600,000, what is the..
‹
Biology (School & UG)
Chemistry (School & UG)
Civil Engineering
Commerce & Accountancy
Computer Science & IT
Current Affairs & GK
Data Structures & Algorithms
eBooks
Electrical & Electronics Engineering
English (School)
General Aptitude
General Knowledge
General Knowledge & Current Affairs
Languages & Literature
Law & Legal Studies
Major Competitive Exams
Mathematics (School)
Mechanical Engineering
Medical Science
Physics (School & Undergraduate)
Quantitative Aptitude & Reasoning
Social Science (School)
Technical
Verbal and Reasoning
Vocational & Skill Development
›
Soulshift Feedback
×
On a scale of 0–10, how likely are you to recommend
The Soulshift Academy
?
0
1
2
3
4
5
6
7
8
9
10
Not likely
Very likely
✕
↑
