Techniques outlined in budget balancing tactics

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Reference no: EM132190979

1. Explain in 2-3 pages There are many techniques outlined in "Budget Balancing Tactics" that are used to maintain budget compliance. Select four techniques from the reading and describe in detail how, and why, they work as a financial control. describe all four techniques.

2. If the EOQ is ordered, which of the following is true?

The sum of annual ordering cost plus annual holding cost is minimized.

The annual holding cost curve is decreasing.

The sum of annual ordering cost plus annual holding cost is maximized.

Annual holding cost exceeds annual ordering cost.

Annual ordering cost exceeds annual holding cost.

Reference no: EM132190979

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