subvariance

noun

subvariance

noun

Etymology From sub- + variance.

1

Accounting, Business, Finance A variance making up part of a larger variance.

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.2010, Steven M. Bragg, The Ultimate Accountants' Reference:

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.