Unfavorable variances are recorded with a debit to the appropriate variance account.

Name: Unfavorable variances are recorded with a debit to the appropriate variance account.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Unfavorable variances result in higher costs or lower revenues than anticipated, and are recorded as a debit to the corresponding variance account. This allows for easier identification and analysis of areas where actual results deviate from budgeted or expected results.

Unfavorable Variances Are Recorded with a Debit to the Appropriate