A budget performance report is being prepared and will be sent to the appropriate segment manager. Which term best describes the type of costs and income that should be included in this report?
A) Unfavourable
B) Administrative
C) Controllable
D) Fixed

Question

Quizplus · Accepted Answer

A budget performance report should include controllable costs and income, which are the costs and income that can be influenced or controlled by the segment manager. This will help the manager to evaluate their performance and take corrective actions if necessary. Unfavourable, administrative, and fixed costs do not necessarily reflect the manager's performance in controlling costs and generating income, therefore, are not the best choice for this type of report.

A Budget Performance Report Is Being Prepared and Will Be