Question: Construct a simple budget statement using the major cost areas from your functional area. Try to be as accurate as possible. Compare what has happened
Construct a simple budget statement using the major cost areas from your functional area. Try to be as accurate as possible. Compare what has happened in the first quarter with what was expected to happen. Then, determine problem areas and actions you plan to take to ensure that, at the close of actual expenses are in line with or less than those projected at the beginning of the year.
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