How Can Your Audience's Level of Understanding Help You Determine

question 132

Essay

How can your audience's level of understanding help you determine the appropriate amount of information to include in a business message?

Understand the implications of budget variances on net operating income.

Distinguish between planning and flexible budgets, and their respective roles in financial planning.

Identify and calculate the components of a flexible budget, including direct materials, wages, expenses, and revenues.

Evaluate the performance of a business using flexible budget analysis.