Using Variance Analysis In Decision Making DQ

Using Variance Analysis In Decision Making DQ Using Variance Analysis In Decision Making DQ Having a budget is critical for the financial stability of an organization. Keeping track of how well the organization is actually adhering to the budget, and subsequent identification of why the budget numbers are being missed is equally important. Without this critical “why” piece, it is difficult to make the necessary adjustments to the budget or to organizational behavior that might be promoting overspending.   A good budget is built with thoughtful consideration of future costs and revenue. Though your budget is formulated with expected figures

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