The Soapbox

BocaHoo91

Joined: 06/03/2005 Posts: 31016
Likes: 52357


^^^^Never done a variance analysis to plan.


Expenses going up contribute to the deficit. So does revenue coming in below projections as a result of actions taken which reduce revenue….. and the impact of which can be relatively accurately predicted and measured in the actual results.

I don’t know what you do for a living but you’d last 5 minutes in one of my quarterly business reviews where you’d have to explain your variance to plan and the “my revenue is below plan, but it wasn’t down YoY so the actions I took which are known to have had an impact on revenue can’t be blamed for the shortfall to plan” explanation wouldn’t fly. I’d fire you on the spot. Legal would unfortunately make me give you a package.




(In response to this post by Hoodafan)

Posted: 10/16/2021 at 11:34AM



+2

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Current Thread:
  Who gives a rip about projections -- TomKazanski 10/15/2021 9:17PM
  LOL. You can't be a UVA graduate. ** -- Blah 10/16/2021 12:06PM
  No ** -- WaxHoo 10/15/2021 9:24PM
  Show your work ** -- HokieDan95 10/15/2021 9:36PM
  HooDuh would never, ever, lie by omission ** -- WaxHoo 10/15/2021 8:07PM
  I, for one, don’t know who to believe. ** -- hokie in cville 10/15/2021 7:02PM

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