What is a budget? How does revenue relate to a budget? Explain two consequences of having revenue

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What is a budget? How does revenue relate to a budget? Explain two consequences of having revenue being too far from budget. Why is it better to use percentages for revenue performance instead of using actual variances?

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Managerial Accounting

ISBN: 978-1259024900

9th canadian edition

Authors: Ray Garrison, Theresa Libby, Alan Webb

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Posted Date: Apr 11, 2024 08:03 PM

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What is a budget? How does revenue relate to a budget? Explain two consequences of having revenue

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A budget is a financial plan that sets out an organizations or individuals expected revenues and expenses over a specific period of time It serves as ... View the full answer

Managerial Accounting

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