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At the end of the month you are busy preparing and analyzing the firm's flexible budget.A coworker asks you what the advantages are of preparing

At the end of the month you are busy preparing and analyzing the firm's flexible budget.A coworker asks you what the advantages are of preparing a flexible budget.After all, the period is over and the actual results are known.Isn't the flexible budget just busy work?How would you respond to your coworker?

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