Does F always mean good and A always mean bad?

Usually, but context matters. Favourable revenue from deep discounting may harm long-run profit. Adverse R&D spend may be good if innovation succeeds. Link to the case.

Should I use absolute values for variance?

Show the signed difference and label F or A. Some texts use Budget − Actual; Cambridge 9609 uses Actual − Budget - stay consistent and label clearly.

9609 · 5.5.2

Variances — FAQ

Frequently asked questions for 9609 Variances. Direct answers first, then deeper explanation — then practise with marking.

Does F always mean good and A always mean bad?: Usually, but context matters. Favourable revenue from deep discounting may harm long-run profit. Adverse R&D spend may be good if innovation succeeds. Link to the case.
Should I use absolute values for variance?: Show the signed difference and label F or A. Some texts use Budget − Actual; Cambridge 9609 uses Actual − Budget - stay consistent and label clearly.

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