Financial statement analysis is an important assessment tool for businesses; however, what value does ratio analysis provide for budgeting in the public sector and why is it beneficial for a criminal justice manager to understand how and why these ratios are applied to government financial operations and budgeting?

Answer rating: 100% (QA)

Value of Ratio Analysis in Public Sector Budgeting 1 Performance Evaluation Value Ratio analysis helps assess the financial performance and efficiency of government agencies It provides insights into ... View the full answer