Discover full dictionary

Change Library:

Variances শব্দের বাংলা অর্থ: রূপগুলি

Variances Meaning In Bengali রূপগুলি

Variances

অনৈক্য, বৈষম্য, বিবাদ, অমিল, বিরোধ,

Definition

1) In statistics, variances refer to a measurement of how spread out the values in a data set are. It quantifies the variability of a set of values around their mean.
2) In project management, variances are the differences between planned or budgeted values and the actual values achieved during the execution of a project. They are used to monitor and control the project progress and performance.
3) In accounting, variances are the differences between the budgeted or standard costs and the actual costs incurred in producing goods or services. Analyzing these variances can help management identify inefficiencies and improve cost control measures.

Examples

Variances Example in a sentence

1) The manager reviewed the financial statement to analyze the variances in expenses.

2) The project team identified significant variances in the timeline and budget.

3) The accountant explained that variances in sales revenue were due to seasonal fluctuations.

4) The engineer documented variances in the material costs for the construction project.

5) The CEO demanded an explanation for the variances in the quarterly performance report.

6) The auditor's job is to investigate variances in the company's inventory levels.

7) The department head conducted a meeting to address the variances in production efficiency.

8) The supervisor compared the actual hours worked with the budgeted hours to determine variances.

9) The financial analyst calculated the variances in profit margins for each product line.

10) The board of directors discussed strategies to minimize variances in operating expenses.

Part of Speech

Variances (Noun)

Encyclopedia

In statistics, variances refer to a measurement of how spread out the values in a data set are. It quantifies the variability of a set of values around their mean.
In project management, variances are the differences between planned or budgeted values and the actual values achieved during the execution of a project. They are used to monitor and control the project progress and performance.
In accounting, variances are the differences between the budgeted or standard costs and the actual costs incurred in producing goods or services. Analyzing these variances can help management identify inefficiencies and improve cost control measures.