_____ compares actual results with budget.
A)Performance report
B)Variance
C)Sensitivity analysis
D)Dynamic analysis

Question

Quizplus · Accepted Answer

A performance report compares actual results with the budget to determine if any variances or deviations exist. Sensitivity analysis is used to test the effect of different assumptions on outcomes, while dynamic analysis involves creating a model to simulate potential scenarios. Variance is a term used in performance reporting to describe the difference between actual results and the budget.

_____ Compares Actual Results with Budget