Operating budget work to discipline a firms management

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How does an operating budget work to discipline a firm’s management? What are the elements of a budget? How are budgets constructed? What is “Variance Analysis” and how is it used?

Reference no: EM13822967

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Operating budget work to discipline a firms management : How does an operating budget work to discipline a firm’s management? What are the elements of a budget? How are budgets constructed? What is “Variance Analysis” and how is it used?

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