1. List 3 possible causes for budget variances and explain. 2. Are the budget objectives consistent with...

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1. List 3 possible causes for budget variances and explain.

2. Are the budget objectives consistent with the organisational aims, projects and forecasts?

Posted Date: May 14, 2024 05:22 AM

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1. List 3 possible causes for budget variances and explain. 2. Are the budget objectives consistent with...

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Expert Answer:

1 Possible Causes for Budget Variances 1 Inaccurate Budgeting The budget may have been prepared based on incorrect assumptions or estimates leading to ... View the full answer

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