Historical Financial Variance Item

A Historical Financial Variance Item is a financial variance item that is a historical item.

• • …
• Example(s):
  • “Revenue receipts from parking tickets are 15% lower this quarter than budgeted.”
  • a Fraudulent Expense.
  • …
• Counter-Example(s):
  • a Forecasted Financial Variance.
• See: Financial Variance Analysis.

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