MSFT 407.94 -0.5921% AAPL 222.43 -0.2153% NVDA 138.22 2.0827% GOOGL 169.4305 -1.0856% GOOG 171.0674 -0.9167% AMZN 195.98 -0.9852% META 564.0961 -0.6646% AVGO 169.905 0.5831% TSLA 244.5901 -1.7632% TSM 191.71 -0.6427% LLY 806.5752 -0.7524% V 291.56 0.282% JPM 220.93 -0.9016% UNH 558.04 -0.0645% NVO 110.06 -1.6795% WMT 82.67 0.584% LVMUY 131.93 0.1746% XOM 118.34 2.9491% LVMHF 661.0 0.1697% MA 506.915 -0.2293%

Budget Variance

Updated on August 29, 2023

Budget Variance can be defined as the difference between the budgeted amount and the actual amount of revenues or expenses. Budget variance is seen as favourable when the actual value is greater than the budgeted value. It occurs due to weak assumptions or due to the occurrence of uncontrollable events.