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1. In 100 words or fewer, explain how managers can use budgets for planning. 2. In 100 words or fewer, explain the differences between participative
1. In 100 words or fewer, explain how managers can use budgets for planning.
2. In 100 words or fewer, explain the differences between participative budgeting and traditional budgeting.
3. In 100 words or fewer, explain when a management would prefer a flexible budget as opposed to a static budget
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