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25. COMPARISON OF ACTUAL TO ESTIMATED Totals Budget is required by statute to compare budget year estimates of receipts and outlays with the subsequent actual receipts and outlays for that year. This chapter
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To fill out 25 comparison of actual:
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Collect the data for the 25 items that need to be compared.
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Identify the factors or criteria for comparison.
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Evaluate each item against the identified criteria and assign scores or rankings.
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Document the scores or rankings for each item.
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Analyze the data and identify trends or patterns.
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Summarize the findings in a clear and concise manner.
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Present the comparison of actual using charts, graphs, or tables as needed.
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Review and revise the comparison as necessary for accuracy and completeness.
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Individuals or organizations involved in performance evaluation or monitoring
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Financial analysts comparing financial statements
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25 comparison of actual is a report that compares the actual financial results of a project or organization against the budgeted or forecasted amounts.
Organizations or projects that have a budget or financial forecast in place are typically required to file a 25 comparison of actual.
To fill out a 25 comparison of actual, you will need to gather the actual financial results and compare them to the budgeted or forecasted amounts for the same time period.
The purpose of a 25 comparison of actual is to track and analyze the financial performance of a project or organization and identify any discrepancies between the actual results and the budgeted or forecasted amounts.
The information that must be reported on a 25 comparison of actual includes actual revenues, expenses, and any variations from the budgeted or forecasted amounts.
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