Discussion Post: Fixed and Flexible Budgeting
o Explain fixed and flexible budgeting. Provide an example of budgeting for three consecutive periods in which safety margin is included for flexibility.
o Explain statement of cash flows performance and its significance in budgeting. Provide a hypothetical example of a statement of cash flows in a manufacturing enterprise.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.