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What budget must a manufacturing company start with

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Reference no: EM132920188

Question -

1. What is a budget? When preparing budgets, what budget must a manufacturing company start with?

2. What is a variance? Do we need to investigate all variances, or only unfavorable variances?

3. What is the difference between participative and top-down budgeting techniques? Which method do you think is the best for budgeting and why?

Reference no: EM132920188

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