It is most meaningful to compare cost targets in the master budget to actual cost results.

Question

Quizplus · Accepted Answer

Comparing cost targets in the master budget to actual cost results provides valuable information about the effectiveness of the budgeting process and the company's ability to meet its financial goals. It allows for the identification of any variances and enables management to take corrective actions in a timely manner to stay on track with the budget.

It Is Most Meaningful to Compare Cost Targets in the Master