When budgets are not achieved,what may signal that the company should consider a change in strategy?
Variant question
A)Flowcharts
B)Benchmarks
C)Variances
D)Management reports

Question

Quizplus · Accepted Answer

Variances refer to the difference between actual results and budgeted or expected results. When budgets are not achieved and variances are consistently negative or significant, this may signal that the current strategy is not effective and a change is needed. Flowcharts, benchmarks, and management reports may provide additional information, but may not directly indicate the need for a change in strategy.

When Budgets Are Not Achieved,what May Signal That the Company