Question: Answer the questions in the space provided below. You can use your own examples or examples from the budget of The Perfume Shop. i) What

 Answer the questions in the space provided below. You can use
your own examples or examples from the budget of The Perfume Shop.

Answer the questions in the space provided below. You can use your own examples or examples from the budget of The Perfume Shop. i) What is a budget variance and how is it used by a business? ii) Give two examples (one cash receipt one cash payment) which would result in a negative variance

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