ANSWER TO FRAME 10.
Percent change = -8,000 X 100
80,000
= -0.10 X 100
Percent change - -10%
(Notice that the percent of change can be positive or negative.)
ANSWER TO FRAME 11.
66,000 - 60,000 X 100 10%
Percent deviation =
60,000
The amount spent was 10% higher than the amount budgeted.
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FI0921
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