Adverse: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Create the page.) |
imported>Doug Williamson m (Expand first sentence to clarify.) |
||
Line 1: | Line 1: | ||
Adverse is the opposite of ''favourable''. | |||
For example in management accounting, adverse variances are bad news, while favourable variances are good news. | For example in management accounting, adverse variances are bad news, while favourable variances are good news. |
Revision as of 16:06, 28 June 2014
Adverse is the opposite of favourable.
For example in management accounting, adverse variances are bad news, while favourable variances are good news.
Not to be confused with risk averse, which is different.