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    • Member Info
      • Native Language:
      • Italian
      • Home Country:
      • Italy
      • Current Location:
      • Italy

    • Join Date: Sep 2009
    • Posts: 13
    #1

    deviation, variance

    Is it correct the use of "deviation" or "variance" when there is a difference between the budget and the cost statement?

    EXAMPLE:
    BUDGET 30 - 20 - 5
    COST STATMENT 50 - 15 - 10
    DEVIATION 20 - 5 - 5

    Thank you,
    mgb109

    • Member Info
      • Native Language:
      • British English
      • Home Country:
      • UK
      • Current Location:
      • Laos

    • Join Date: Nov 2002
    • Posts: 57,912
    #2

    Re: deviation, variance

    This site talks of budget deviation: Basic Guide to Non-Profit Financial Management

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