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Flexible budgets imply 4 O each manager is free to change the budget as the year progresses. O that a firm will have different levels
Flexible budgets imply 4 O each manager is free to change the budget as the year progresses. O that a firm will have different levels of activity and costs during a year. O the budget process may not be accurate at the beginning of the budget year. O that sales managers can have a wide latitude in modifying prices during the year
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