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Peer Responses – Static and Flexible Budgets

Peer Responses – Static and Flexible Budgets Response 1 Hello Erin, Thank you, Johnson, for your intriguing post. I agree with your definition of a static budget. However, I would like to add...

Discussion – Fixed and Static Budgets

Discussion – Fixed and Static Budgets A static budget refers to revenue and expenditure forecasts for a specific financial period that remained unchanged over the same period. On the other...

Financial Benefits Comparison

Financial Benefits Comparison Memorandum To: The Executive Management Board From: CC: Chief Technology Officer Subject: Financial Benefits Comparison: Option A and Option B Greetings In accordance...

Business Budgeting Process

Business Budgeting Process Explain the budgeted income statement. The flexible budget has three parts; the planning budget, the flexible budget, and the variance. The planning budget is the...