profit variance
21favourable variance — In standard costing and budgetary control, any difference between the actual and budgeted performance of an organization where this creates an addition to the budgeted profit. For example, this may occur if the actual sales revenue is greater… …
22sales margin volume variance — sales volume variance In standard costing, the adverse or favourable variance arising as a result of the difference between the actual number of units sold and those budgeted, valued at the standard profit margin …
23sales margin yield variance — sales margin quantity variance In standard costing, the adverse or favourable variance arising as a result of the difference between the budgeted sales quantity and the actual sales quantity in budgeted proportions (see standard mix), valued at… …
24negative variance — /ˌnegətɪv veəriəns/ noun a difference between a financial plan and its outcome that means a less favourable profit than expected ● The unexpected increase in raw material prices meant a negative variance of $5000. ● A sudden fall in revenue… …
25positive variance — /ˌpɒzɪtɪv veəriəns/ noun a difference between a financial plan and its outcome, that means a more favourable profit than expected ● The managing director is pleased because costs this year show a £60,000 positive variance …
26Option (finance) — Stock option redirects here. For the employee incentive, see Employee stock option. Financial markets Public market Exchange Securities Bond market Fixed income …
27accounting — /euh kown ting/, n. 1. the theory and system of setting up, maintaining, and auditing the books of a firm; art of analyzing the financial position and operating results of a business house from a study of its sales, purchases, overhead, etc.… …
28Contract for difference — In finance, a contract for difference (or CFD) is a contract between two parties, typically described as buyer and seller , stipulating that the buyer will pay to the seller the difference between the current value of an asset and its value at… …
29Gaming mathematics — Gaming mathematics, also referred to as the mathematics of gambling, is a collection of probability applications encountered in games of chance and can be included in applied mathematics. From mathematical point of view, the games of chance are… …
30Cost accounting — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts  …
