Name Two Reasons Why the Actual Budget May Differ from the Budget

question 37

Essay

Name two reasons why the actual budget may differ from the budget enacted at the start of the fiscal year.

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Definitions:

Stakeholders

Individuals or groups who have a stake or interest in the outcome of a project, initiative, or organization.

Focus Groups

A qualitative research method involving small, diverse groups of people discussing a topic under the guidance of a moderator to gather perceptions and opinions.

Informal Meetings

Less formal gatherings, often without a set agenda, focusing on discussion or brainstorming.

Participant Action Research

Participant Action Research is a methodology that involves researchers and participants collaborating actively to identify problems, enact change, and generate knowledge within a community or organization.