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You are the financial manager for a medium-sized hospitality company. You are required to analyse the company's current budget against actual income and expenditure for

You are the financial manager for a medium-sized hospitality company. You are required to analyse the company's current budget against actual income and expenditure for the past quarter and make recommendations for improvements. RESOURCES AND EQUIPMENT REQUIRED: Microsoft Word (or similar software). Access to a computer with spreadsheet software (e.g., Microsoft Excel). Previous quarter's financial records, budget estimates, and actuals. Calculator. TASK INSTRUCTIONS: Review the provided financial records for the past quarter. Create a spreadsheet comparing the budgeted vs. actual income and expenditure. Identify any significant deviations and make a list of these. Research potential reasons for these deviations. Propose clear and logical recommendations to address the deviations and enhance budget performance. Prepare a report summarising your findings, reasons for deviations, and your recommendations

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