asked 207k views
2 votes
1. When you perform a budget analysis you compare a projected budget" with a/an

budget.
A. Overestimated
B. Actual
C. Inflexible
D. Estimated

asked
User Kkpoon
by
8.0k points

1 Answer

4 votes

Answer:

B. Actual

Step-by-step explanation:

The budget analysis involves a comparison of the projected revenue and expenses against the actual performance. The budget analysis seeks to find out and understand any resultant variance. Budgets are prepared at the beginning of a period, but the budget analysis happens after the period is concluded.

A budget analysis helps determine if the organization achieved its objectives in the period under review. It helps point out areas of strength and weakness in the business.

answered
User Andrew Matiuk
by
7.7k points
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