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budget ideal tasvnce Activity-based budgeting Cash budget volume variance Continuous budgeting. cost variance flexible budget Budgeting Sales Standard costs Rolling budgets bottom-up Safety stock This
budget ideal tasvnce Activity-based budgeting Cash budget volume variance Continuous budgeting. cost variance flexible budget Budgeting Sales Standard costs Rolling budgets bottom-up Safety stock This can be an effective means of communicating management's plans to the employees of a business. 2. This is a budget system based on expected activities and their levels for the budget period, which helps management plan for the resources required. This type of budget shows the expected cash receipts and cash expenditures during the budget period 4. These are preset costs for delivering a product or service under normal conditions. When companies promote continuous improvement they strive to achieve these types of standards 6. This is the difference between actual cost and standard cost. 7. What is a quantity of inventory that provides protection against lost sales caused by unfulfilled demands from customers? 8. _A variable budget is another name for this? 9. This occurs when the company operates at a different capacity level than was expected. 10 What is the process of planning future business actions and expressing them as a formal plan? What are budgets that are periodically revised and have new periods added to replace those that have lapsed
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