How actual results are evaluated when compared to budgets

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Reference no: EM133536163

Question: Chintu would like a detailed budget for both locations to better understand where profits would be greater for her business. Being a detail-oriented person, she knows that there can be fluctuation in financial results depending on sales and expenses. Chintu is curious to know what the difference would be between an optimistic budget and a more conservative one. She also wants details on how actual results are evaluated when compared to budgets.

Reference no: EM133536163

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