Budget ____compare actual results to budgeted results.

Budget ____compare actual results to budgeted results.

• A. Analyses
• B. Reports
• C. Summaries
• D. Evaluations

Answer: (B)

When you manage a budget, the key activity is comparing what actually happened to what was planned. That comparison is captured in budget reports, which put actual results side by side with the budgeted figures and show the variances. These reports are central to monitoring performance, identifying where plans were not met, and guiding corrective actions or future planning. Other terms like analyses, summaries, or evaluations touch related ideas, but the standard document used to track performance against the budget is the budget report.

When you manage a budget, the key activity is comparing what actually happened to what was planned. That comparison is captured in budget reports, which put actual results side by side with the budgeted figures and show the variances. These reports are central to monitoring performance, identifying where plans were not met, and guiding corrective actions or future planning. Other terms like analyses, summaries, or evaluations touch related ideas, but the standard document used to track performance against the budget is the budget report.