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A. Argue the difference between sales budget and a production budget. Use examples if necessary, to show the difference between the two. (points 10) B.
A. Argue the difference between sales budget and a production budget. Use examples if necessary, to show the difference between the two. (points 10)
B. Discuss flexible budgets in the following terms.
- Performance Evaluations (3points)
- Planning (3points)
- Efficiency of Operation (3points)
C. Define "Material Price Variance" (1point)
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