Prepare a short report to management outlining the following information. Positive and negative budget variations...
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Accounting
Prepare a short report to management outlining the following information.
Positive and negative budget variations indicated in monthly and quarter analysis reports and profit and loss statement that are significant enough to affect the operation of the bistro and its profitability.
Trends identified in the trend analysis report that have the potential to affect the bistro's profitability in the immediate future.
Possible reasons for the positive or negative variations and trends.
Any recent actions that have been taken or changes to operational procedures as a result of trends and deviations.
Base the report on the following information.
Profit and loss statement
Trend analysis report
April, May and June comparative analysis reports
Case study information provided in Assessments C and D
Your responses to questions in Assessments C and D
The report should present information in a clear, concise and easy to understand manner so it supports good decision-making processes.
Answer & Explanation
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