A. favourable variance
B. adverse variance
C. adverse standard deviation
D. unfavourable variance
✅ The correct answer is option B.
An unfavourable variance in static budget is also known as adverse variance. ‘Unfavorable variance’ is an accounting term that describes instances where actual costs are greater than the standard or expected costs.
An unfavourable variance in static budget is also known as adverse variance. ‘Unfavorable variance’ is an accounting term that describes instances where actual costs are greater than the standard or expected costs.