1) List sources of variances between budgeted and actual amounts 2) Describe the concept of zero-based budgeting.

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Finance

1) List sources of variances between budgeted and actualamounts
2) Describe the concept of zero-based budgeting.

Answer & Explanation Solved by verified expert

3.7 Ratings (311 Votes)

Answer Variance between budgeted and actual amounts can be because of multiple reasons Following could be the major sources of variance a Favourable variance caused due to company making higher revenue than budgeted b Variance can also See Answer

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1) List sources of variances between budgeted and actual amounts 2) Describe the concept of zero-based budgeting.

80.2K

Verified Solution

Question

Finance

1) List sources of variances between budgeted and actualamounts
2) Describe the concept of zero-based budgeting.

Answer & Explanation Solved by verified expert

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1) List sources of variances between budgeted and actual amounts 2) Describe the concept of zero-based budgeting.

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Finance

1) List sources of variances between budgeted and actualamounts2) Describe the concept of zero-based budgeting.

Answer & Explanation Solved by verified expert

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Other questions asked by students

1) List sources of variances between budgeted and actualamounts
2) Describe the concept of zero-based budgeting.