you can do it in this way but you will have to write a lot in this presentation….i think saving time will be better so go for examiner’s style …..secondly the actual results replace the budgets . you are right about that…..in question the actual results of Q1 were available and they became the base of the budget…after Q2 end their results will be available and they will become the base i.e. you will inflate Q2 actual results by lets say 3% , if the growth rate predicted is 3% even after Q2