What is the analytics type to address this corporate finance question: "Why is the company’s performance different from its budgeted performance?"?

The report that compares actual performance and budgeted performance based on actual activity level is called a ______ budget performance report.Multiple choice question.flexiblefixedfavorable

The assessment of a firm's financial condition and performance through calculations and interpretation of financial ratios developed from the firm's financial statements is called analysis.

Which of the following is not a characteristic of a performance budget?Question 3Answera.It is not concerned with how the goals of the budget will be realised.b.It links strategic planning information with the budgetc.Development and integration of performance measures into budgetd.It helps in identification of mission, goals and objectives of an organisation

Analyse the Performance of a CompanyThe following data is available for two companies A and B:Company A Metric  Previous Year (Amount in $ million)Current Year (Amount in $ million)Sales revenue500 425 Cost of goods sold260 320 Variable Margin240 105 Fixed cost25 25         Company BMetric Previous Year (Amount in $ million)Current Year (Amount in $ million)Sales revenue300 195 Cost of goods sold110 115 Variable Margin190 80 Fixed cost15 15         Based on the given data, which of the following statements is true?Company A has significantly performed better than company B because it has a higher variable margin for the given two years.The absolute variable margins of the two companies are not directly comparable.Company B has a much better operating performance as it has a lower fixed cost than company A.

2. How do executives in companies spend the majority of their time?A. budgetingB. travelingC. communicatingD. buying and selling