Cost Variance

Views Updated: Dec 15, 2025

Key Facts

Abbreviation
CV
Pronunciation
/kɔst ˈvɛriəns/
Category
Governmental
Related Field
Military

Examples in Context

  1. The paper concludes that earned value method can be applied in the analysis of the total cost variance in land development and consolidation projects.
  2. Disposition of standard cost variance
  3. It is clear that labour cost variance arises due to the actual hours differing from the standard hours and the actual wage rate differing from the standard wage rate.
  4. When a cost variance occurs, the person in charge should examine the variance to determine the factors that may have caused it.
  5. Service department allocated cost variance

Other meanings of CV