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1. What if you are a brand new company and you don't have any historical data to look at? How do you think they determine

1. What if you are a brand new company and you don't have any historical data to look at? How do you think they determine their expected sales?

2.Think about the term "flexible budget". Are all budgets "flexible" and if one is not, does that mean we can't or shouldn't hit the reset button?

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