Possible explanation for negative variance in fixed costs

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Q1) State 5- 6 risk's an organization may face as result of Not Budgeting or Irresponsibly Budgeting?

Q2) What could be the possible explanation for negative variance in fixed costs, variable costs, revenues, sales, profit ? one sentence each please

Q3) Budgeted, Vs. Approved, Vs. Variance, Vs. Actual vs Revised Budgeted , Year over Year % ? Can you give 1 or 2 quantitative examples?

Reference no: EM133276136

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