AHIP Health Plan Finance and Risk Management AHM-520 Question # 115 Topic 6 Discussion

AHIP Health Plan Finance and Risk Management AHM-520 Question # 115 Topic 6 Discussion

AHM-520 Exam Topic 6 Question 115 Discussion:
Question #: 115
Topic #: 6

Variance analysis is the study of the difference between expected results and actual results. Variances can be positive or negative. A positive variance is typically considered:


A.

favorable for both expenses and revenues


B.

favorable for expenses, but unfavorable for revenues


C.

favorable for revenues, but unfavorable for expenses


D.

unfavorable for both expenses and revenues


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