Subvariance
Definition, Meaning & Examples
Part of speech noun
Quick meaning: Subvariance is a noun meaning (accounting) A variance making up part of a larger variance.
Meaning
(accounting) A variance making up part of a larger variance.
Example Sentences
This variance can also be broken down into three subvariances: a direct labor efficiency variance, a yield variance that relates to materials usage, and a variable overhead efficiency variance.
Word Forms
- subvariances
Related Words
Related dictionary entries include subcovariance, subcalculation, subvariety, variance, subvalue, subvariable.
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Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
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