Start learning →

Adverse variances are commonly marked with which letters?

AF or P
BU or A
CS or T
DF or R
Answer & Solution
Correct answer: B. U or A
By common use an adverse (unfavourable) variance is shown as U or A, usually in brackets.
Practise this question with Quill — CA Final →

Keep practising Performance Measurement and Variance Reporting

Browse all Performance Measurement and Variance Reporting questions for CA Final, or explore more Cost and Management Accounting topics.

Start a Performance Measurement and Variance Reporting lesson →
Related questions