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Acc 561 Estimation

Thank you for sharing the budget you use with the company you work for. I caught my interest when you mentioned "event planning". I would assume that some months or weekends may be more busy than other causing the budget to fluctuate. For events, I would believe that there is an estimated amount for the project and with that project one needs to stay within budget. How are your estimations based? It appears that the company considers all fixe

4 sold

3 Other / Other Other / Acc 561 18 Jul 2015

Acc 561 Variances

What are variances and why do these occur? When should one investigate budget variances? What factors would you consider when deciding whether to investigate a variance? As a manager, how you would you handle variances?

7 sold

3 Other / Other Other / Acc 561 18 Jul 2015