Question: 10/ Should you report all budget deviations? (a)No. You should report deviations according to the significance of the deviation. (b)No. You should attempt to improve

10/ Should you report all budget deviations?

(a)No. You should report deviations according to the significance of the deviation.

(b)No. You should attempt to improve budget results before reporting deviations.

(c)Yes. You should report all deviations that exceed $500.

(d)Yes. Every deviation needs further investigation to determine the cause and ensure it doesn't occur again.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!