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QUESTION FOUR a) Explain the role and limitations of budgeting in business organizations. Support your answer with suitable examples. (20 marks) b) Based on the
QUESTION FOUR a) Explain the role and limitations of budgeting in business organizations. Support your answer with suitable examples. (20 marks) b) Based on the discussion about absorption and variable costing, discuss how is it possible to increase profit without increasing sales? (15 marks) c) What should be considered when deciding whether a joint product should be sold at the split-off point or processed further? (5 marks) [TOTAL: 40 MARKS]
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