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A-make comparisons between plans and goals set and the actual practice of the activity, as reflected by the results of the data collected after the analysis of the other hand and to compare the light is determined by the extent to which plans and objectives and the extent of deviation from the implementation
B-interpret the deviations from the actual implementation compared with the objectives, plans and interpretation of deviations is a cornerstone of the evaluation process because it leads to trace the causal relationships of these distractions until the actual sources
C -althdid clear to any positions of responsibility centers that caused its decisions and activities of the deviations in the results
I agree with all answers given above, just to summarize in others words:
1) Analyse the business performance against the set budget or forecast.
2) Explain in the simple layman language (not accounting) to all stakeholders the reason for variances.
3) Provide guidance and identify the areas where the scope of further improvements to the senior management.
I agree with all the answers
1- Budget and Plan for the expenses required to incurr to generate the revenue
2- Costing and Recording the Expenses, Reporting and Controll the variances
3- Managing the Resources to generate the Optimum Revenue and Controlling Expenses with Quality Targets
Comparison--Interpretation --and Application.
Agreed with Mr. Georgei Assei answer for all its details.
Thank You Mr. George for the Question and for the answer.
