Question: QUESTION - 1 : How does a flexible budget help managers make better decisions compared to a static budget, especially when actual activity levels differ

QUESTION-1: How does a flexible budget help managers make better decisions compared to a static budget, especially when actual activity levels differ from what was originally planned? Can you share an example where using a flexible budget would reveal important insights that a static budget might miss?"
Requirement:
Introduction, Body, Conclusion, and at least 2 References
QUESTION-2: Explain the advantages and disadvantages of decentralized decision-making. Explain ROI, residual income, and EVA. Briefly explain the common transfer pricing policies used by organizations. Explain the Balanced Scoreboard and its uses; and explain the four perspectives (financial, customer, internal, and learning and growth) and their measurements.
Requirement:
Introduction, Body, Conclusion, and at least 2 References

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