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English translation: absolute variance

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
French term or phrase:Var. abs. (%)
English translation:absolute variance
Entered by: Mari O'Keefe

13:48 Aug 13, 2021
French to English translations [PRO]
Law/Patents - Accounting
French term or phrase: Var. abs. (%)
What does this stand for in an income statement?
Mari O'Keefe
United Kingdom
Local time: 11:35
absolute variance
Explanation:
Var abs (%) = variance absolue (%)

Absolute Variance -- the actual change between periods, expressed as a positive number or zero. Absolute Percent Variance -- the percentage change between periods, expressed as a positive number or zero.

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Note added at 1 hr (2021-08-13 15:01:45 GMT)
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NB: This definition of variance is not in line with statistics. In statistics, a variance is ALWAYS positive
Selected response from:

Francois Boye
United States
Local time: 06:35
Grading comment
Many thanks. This was a great help to me as ever!
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1absolute variance
Francois Boye


Discussion entries: 9





  

Answers


24 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
absolute variance


Explanation:
Var abs (%) = variance absolue (%)

Absolute Variance -- the actual change between periods, expressed as a positive number or zero. Absolute Percent Variance -- the percentage change between periods, expressed as a positive number or zero.

--------------------------------------------------
Note added at 1 hr (2021-08-13 15:01:45 GMT)
--------------------------------------------------

NB: This definition of variance is not in line with statistics. In statistics, a variance is ALWAYS positive

Francois Boye
United States
Local time: 06:35
Native speaker of: Native in FrenchFrench
PRO pts in category: 150
Grading comment
Many thanks. This was a great help to me as ever!

Peer comments on this answer (and responses from the answerer)
agree  philgoddard
44 mins
  -> Thanks!

disagree  Daryo: a statement where accountants couldn't care less if the changes in revenues / costs / profits / etc are going downwards or upwards??? not very likely ... any real life sample instead of unassuming from dictionary meanings of each word on its own?
2 hrs
  -> are you really challenging my translation?

agree  SafeTex
6 hrs
  -> Thanks!
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