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Fundamentals of Cost Accounting 4ed: At the end of the month you are busy preparing and analyzing the firms flexible budget. A coworker asks you
Fundamentals of Cost Accounting 4ed:
At the end of the month you are busy preparing and analyzing the firms 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. Isnt the flexible budget just busy work? How would you respond to your coworker?
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