An interim schedule comparing the detailed budgeted revenues with actual revenues should be prepared on an appropriate periodic basis to determine whether budgeted revenues are being realized as expected so that timely corrective action can be taken if necessary.

Question

Quizplus · Accepted Answer

An interim schedule comparing budgeted revenues with actual revenues is necessary to determine if corrective action is needed if expected revenues are not being realized as planned.

An Interim Schedule Comparing the Detailed Budgeted Revenues with Actual