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Home > QFINANCE Dictionary > Definition of calendar variance

Definition of

calendar variance

Accounting

accounting difference from calendar months versus working days a variance that occurs if a company uses calendar months for the financial accounts but uses the number of actual working days to calculate overhead expenses in the cost accounts

Definitions of ’calendar variance’ and meaning of ’calendar variance’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’calendar variance’ and other financial terms with our online QFINANCE Financial Dictionary.

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