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The variances reported in the final budget-to-actual comparison incorporated in the financial statement of many governments may be of no value in revealing the reliability
The variances reported in the final budget-to-actual comparison incorporated in the financial statement of many governments may be of no value in revealing the reliability of budgets estimates made at the start of the year.Why? How can you rationalize this limitation of the budget to actual comparisons?
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Cost management a strategic approach
Authors: Edward J. Blocher, David E. Stout, Gary Cokins
5th edition
73526940, 978-0073526942
