The Budget Rules Analytical Essay by Top Papers

The Budget Rules
A budget variance analysis for a restaurant/dinner-house type business operation.
# 142572 | 1,000 words | 1 source | APA | 2008 | US
Published on Dec 01, 2008 in Business (Finance, Investment and Banking)


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Description:

The paper discusses the very old saying that appears to cover many topics when we write and speak about financial information; "figures don't lie, but liars can figure". The paper explains that with this old adage in mind, analysts acknowledge that a budget is a guess, and is prepared using past knowledge of revenue and costs/expenses, resulting in amounts that reflect how much it may cost to run - in this instance a business - and the amount of revenue the business must generate in revenue to cover the budgeted costs and expenses.

From the Paper:

"There is a very old saying that appears to cover many topics when we write and speak about financial information. The saying is, "figures don't lie, but liars can figure". With this old adage in mind, analysts acknowledge that a budget is a guess, and is prepared using past knowledge of revenue and costs/expenses, resulting in amounts that reflect how much it may cost to run - in this..."

Cite this Analytical Essay:

APA Format

The Budget Rules (2008, December 01) Retrieved June 27, 2019, from https://www.academon.com/analytical-essay/the-budget-rules-142572/

MLA Format

"The Budget Rules" 01 December 2008. Web. 27 June. 2019. <https://www.academon.com/analytical-essay/the-budget-rules-142572/>

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