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Essay specific features

 

Issue:

Technology

 

Written by:

James T

 

Date added:

March 9, 2016

 

Level:

University

 

Grade:

B

 

No of pages / words:

7 / 1854

 

Was viewed:

2979 times

 

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Essay content:

Serving as a guideline rather than being set in stone, the budget is a snapshot of manager's "best thinking at the time it is prepared." (Marshall, 2003, p.496) The budget is a method in which to reign-in discretionary spending, and will likely show variances between what costs have been anticipated and what costs are actually incurred...
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Single-period budgets and rolling budgets have methodologies that provide advantages and disadvantages that may make one budget time frame better than another. A single-period may require less time in planning during a fiscal year, but is less accurate than a rolling budget that is continuously planned on a repetitive basis...
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