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

Question

3 years ago

14

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(np Multiple Choice A. Sales budget performance report B. Flexible budget performance report C. Master budget performance report D. Static budget performance report E. Operating budget performance repornt

Business

2 answers:

torisob [31] · Answer 1 · 2022-03-19T11:00:25+03:00

Answer:

B. Flexible budget performance report

Explanation:

At the beginning of a period (year, semester, month, etc), firms management area estimate budget performance for a period of time by some or all business areas. At the end of that period, the management area compares that estimate budget with the actual performance based on the actual sales volume. This comparison between the estimate performance and the actual performance is called Flexible budget performance report. This report is used to know which areas are meeting their budget goals and which don´t.

koban [17] · Answer 2 · 2022-03-19T09:30:54+03:00

koban [17]3 years ago

4 0

Answer:Operating budget performance report

Explanation:

It monitors results of operations between budget and actual on a given level of activities.