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2. a) Discuss the behavioral implications associated with preparing budgets. (5 marks) b) Describe the four different types of responsibility centres. (8 marks) c) What

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2. a) Discuss the behavioral implications associated with preparing budgets. (5 marks) b) Describe the four different types of responsibility centres. (8 marks) c) What are the flexible budgets? Why are they preferred to fixed (static budgets)? (7 marks)

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