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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

User Kkpoon
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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.

User Andrew Matiuk
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