Question
1. What is a budget? When preparing budgets, what budget must a manufacturing company start with? 2. What is a variance? Do we need to
1. What is a budget? When preparing budgets, what budget must a manufacturing company start with?
2. What is a variance? Do we need to investigate all variances, or only unfavorable variances?
3. What is the difference between participative and top-down budgeting techniques? Which method do you think is the best for budgeting and why?
Can you help me please?
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Managerial Accounting Decision Making and Performance Management
Authors: Ray Proctor
4th edition
273764489, 978-0273764489
