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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › Variance analysis
How to differentiate whether a variance is an adverse or a favourable one ?
If it results in less profit then it is adverse. If it results in more profit then it is favourable.
I do suggest that you watch my free lectures on variances. The lectures are a complete free course for Paper F2 and cover everything needed to be able to pass the exam well.
Ok, I will check your free lectures then.
Thankyou for the solution though 🙂
You are welcome 🙂