Threaded Discussion:The answer must be a paragraph that has 6 sentences or more per question. Not a paper.

Place answer and citation /references under eachquestion.

And no plagiarism please.

1)Do small companies need budgets as much as large companies?

2)How are responsibility centers used to incentivize managers?

3) What is the difference between a static budget and a flexible budget?

4)How does management use these budgets to gain insight into performance?

5)Describe the variable overhead variances.

6) How does a manager plan for these variances?