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According to Curristine et al. (2020), preparing the fiscal year 2021 budget will be challenging for all countries given the unprecedented uncertainties in the context

According to Curristine et al. (2020), preparing the fiscal year 2021 budget will be challenging for all countries given the unprecedented uncertainties in the context of the COVID-19 pandemic.

Required : In relation to the statement, evaluate the importance of flexible budget in todays business environment.

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