Understanding about the big picture of a business

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1. What are some types of budgets facilitate understanding about the big picture of a business?

2. There are budgets that are set and unchangeable, as well as budgets that allow for variability:

a. Explain 2 different types of budgets and discuss how they complement each other.

b.What is the difference between a flexible budget and a static budget?

c. Which one do you believe works better for a business you have worked for or about which you are familiar?

Reference no: EM133171594

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