Budgets are not infallible because _______ will always arise.
A) variances
B) changes before final approval
C) disagreement with line items and costs
D) none of the above

Question

Quizplus · Accepted Answer

Variances will always arise in actual expenses versus budgeted expenses. Even with careful planning and forecasting, unexpected events or expenses can occur, leading to variances.

Budgets Are Not Infallible Because _______ Will Always Arise