Which of the following is a situation in which a business could use the budget information to make operating changes:
A). Total revenues exceed projected costs.
B). Estimated sales exceed actual sales.
C). Expected profits are increasing.
D). Accounts receivable are on target.
Answer:B
Which of the following is a situation in which a business could use the budget information to make operating changes:
A). Total revenues exceed projected costs. B). Estimated sales exceed actual sales. C). Expected profits are increasing. D). Accounts receivable are on target.