Solved: Example the concept of flexible budget, Accounting Basics

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Example the concept of flexible budget

Questions:

1. Example the concept of flexible budget. How is it prepared?

2. What is a ‘sales budget'? How is it prepared?

3. Give an organization chart for budgetary control and discuss its importance.

4. What is a ‘budget manual'? Mention the contents and advantages of the same.

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Accounting Basics: Example the concept of flexible budget

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Accounting Basics: Example the concept of flexible budget

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