Explore BrainMass
Share

Budgeted performance

This content was STOLEN from BrainMass.com - View the original, and get the already-completed solution here!

Why is budgeted performance better than past performance as a basis for judging actual results? Explain giving suitable real-world cases.

© BrainMass Inc. brainmass.com October 16, 2018, 6:07 pm ad1c9bdddf
https://brainmass.com/economics/personal-finance-savings/budgeted-performance-75006

Solution Preview

Budgeted performance better than past performance as a basis for judging actual results mainly because inefficiencies included in past results can be detected and ...

Solution Summary

Budgeted performance is explained.

$2.19
Similar Posting

favorable and unfavorable variances

Should both favorable and unfavorable variances be investigated, or only the unfavorable ones? Explain.

View Full Posting Details