Discuss differences between a static and flexible budget

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Reference no: EM1344787

The three components involved in the creation of a budget are revenues, expenses, and the statistics (volume).
A. In what order are each component determined and why?
B. What is the differences between a static and flexible budget?
C. As a manager, which type of budget would you prefer to operate under? Why?

Reference no: EM1344787

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