An unfavourable variance is conclusive evidence of poor performance.

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Quizplus · Accepted Answer

An unfavourable variance may indicate poor performance, but it is not conclusive evidence. Other factors such as external market conditions, unexpected events or changes in business strategies could also contribute to an unfavourable variance. It is important to look at the variance in context and consider all factors before making conclusions about performance.

An Unfavourable Variance Is Conclusive Evidence of Poor Performance