Which of the following IS NOT a helping step for checking if you are on the right track with your budget?

Question

Citing reasons for positive or negative variances
Classifying reason as a trend or unique incident
Collecting figures as they become available
Comparing the expected numbers with budgeted

Answer 1

The option that IS NOT a helping step for checking if you are on the right track with your budget is:

Collecting figures as they become available.

While collecting figures is important for financial tracking, the other steps involve analysis and comparison that are specifically aimed at evaluating performance against the budget. Collecting figures by itself does not help in assessing whether you are on track with your budget.