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Describe a Flexible budget and explain how it differs from a static or planning budget. Why do companies create Flex budgets? What is the purpose
- Describe a Flexible budget and explain how it differs from a static or planning budget.
- Why do companies create Flex budgets? What is the purpose and how do you think these budgets are helpful to businesses?
- Why are separate price and quantity variances computed? What is the benefit? Please explain.
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