An internal report that helps management analyze the difference between actual performance and budgeted performance based on the

Question

3 years ago

13

An internal report that helps management analyze the difference between actual performance and budgeted performance based on the

actual sales volume (or other level of activity) is called a(n):
a. sales budget performance report.
b. flexible budget performance report.
c. master budget performance report.
d. static budget performance report.
e. operating budget performance report.

Business

1 answer:

sergey [27] · Answer 1 · 2021-12-11T21:41:15+03:00

Answer:

b.

Explanation:

Based on the information provided within the question it can be said that this is called a flexible budget performance report. Like mentioned in the question this is a report that compares the budgeted revenues with the actual revenues based on the volume of sales that the company has undertaken in a certain period of time. Every company uses this in order to make sure they are meeting sales goals and fix any problems that they may otherwise not know are there.