operating statement
Definition:
Usually a progress report which is designed to show actual achievements versus forecast/budgeted goals, and which highlights and explains variances between them.
Cross-References:
Links:
Figures:
© Westburn Publishers Ltd 2002, The Westburn Dictionary of Marketing edited by Michael J Baker, ISBN 978-0-946433-01-8. www.themarketingdictionary.com. Entry: [James R. Bureau], [1998].