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What are some of the different types of budgets used by a manufacturing organization? What are these budgets used for? Are these same budgets used

What are some of the different types of budgets used by a manufacturing organization? What are these budgets used for? Are these same budgets used by service organizations? Why or why not?

What are some possible causes for budget variances? What can managers do to minimize budget variances? How can managers mitigate the effects of these variances?

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