What is the difference between static and flexible budgeting

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Reference no: EM133208316

Problem

Question 1: How would you ensure that your costing systems are valid and efficient? Support your answer with an example

Question 2: List and explain at least four types of budgets and their use in a typical organization

Question 3: What is the difference between Static and Flexible Budgeting? Explain how these budgets are used to evaluate business performance.

Question 4: Explain how an organization can ensure validity, availability and protection of its financial data and management information

Reference no: EM133208316

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