What is a discretionary budget? Try to think of at least three expenses (not already mentioned in
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What is a discretionary budget? Try to think of at least three expenses (not already mentioned in the chapter) that might form part of a discretionary budget. What problems do discretionary budgets pose when managers are seeking to control business operations?
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A discretionary budget refers to a budgetary allocation that is not fixed or mandatory but rather represents a flexible spending allowance for managers to use at their discretion It provides managers ...View the full answer
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Related Book For 
Accounting And Finance An Introduction
ISBN: 9781292435527
11th Edition
Authors: Eddie McLaney, Peter Atrill
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