After comparing budgets with actual results, corrective action will be taken based on the differences.

Question

Quizplus · Accepted Answer

This statement is true. The purpose of comparing budgets with actual results is to identify any differences or variances and then take corrective action to address them. This is an important aspect of financial management and helps to ensure that an organization stays on track and meets its financial goals.

After Comparing Budgets with Actual Results, Corrective Action Will Be