Question: What is the difference between a static budget and a flexible budget? Give an example of a well-known company that might benefit from using a
What is the difference between a static budget and a flexible budget? Give an example of a well-known company that might benefit from using a flexible budget, and an example of a well-known company that might use a static budget. Explain why you have chosen the companies that you did? Please make sure you pick a company.
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A static budget is fixed for an entire period covered by the budgetThere is no change evwn if the le... View full answer
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