Draw flowcharts, similar to those in Exhibits 9.1 and 9.2 , to represent the budgeting process used

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Draw flowcharts, similar to those in Exhibits 9.1 and 9.2 , to represent the budgeting process used by a fashion retailer.


Exhibit 9.1
Strategic planning Budget assumptions Sales budget Cost budgets Capital expenditure budget Budgeted Budgeted Cash budget


Exhibit 9.2

Sales budget Beginning and ending work in process and finished goods inventory Production budget Direct Direct Manufactu

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Related Book For  answer-question

Management Accounting Information for creating and managing value

ISBN: 978-1760420406

8th edition

Authors: Kim Langfield Smith, David Smith, Paul Andon, Ronald Hilton, Helen Thorne

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