AS Business Unit 2 - Using Budgets

Chapter 16 - Using Budgets

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  • Created by: Michael
  • Created on: 10-05-12 09:46
Favourable Variance is when the business's actual results are worse than those anticipated and planned for in the budget. True or False?
False
1 of 3
Variance analysis allows an assessment of budget accuracy and identification of problem areas. True of Flase?
True
2 of 3
Budgets are used to set targets, monitor performnce and control operations. True or False?
True
3 of 3

Other cards in this set

Card 2

Front

Variance analysis allows an assessment of budget accuracy and identification of problem areas. True of Flase?

Back

True

Card 3

Front

Budgets are used to set targets, monitor performnce and control operations. True or False?

Back

Preview of the front of card 3

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