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Essay specific features


Written by:
James T
Date added:
March 9, 2016
Level:
University
Grade:
B
No of pages / words:
7 / 1854
Was viewed:
3171 times
Rating of current essay:
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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