Discuss the role of budgeting in the management process

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Reference no: EM131562132

1. Critically discuss the role of budgeting in the management process?

2. Why it is important to keep current cost in line with planned cost ?

3. Why is it important to establish appropriate cost pools?

4. What is the effect on BEP when Fixed costs, variable costs and sales change?

5. What is the effect of taxation on BEP?

Reference no: EM131562132

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