Flexible Budget Article
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Perform an Internet search using the term, "flexible budgets, and locate an article (less than one year old) from the results of your search. After reading an article, write a brief paper (3-5 paragraphs) that summarizes and comments on the article. Your paper should provide the appropriate citation(s).
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Solution Summary
This solution explains an article on flexible budgets. The sources used are also included in the solution.
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In accordance with BrainMass standards, this is not a hand in ready paper but is only background help.
Step 1
According to the article "Difference between Fixed Budget and Flexible Budget" the two types of budgets are fixed budget and flexible budget (a). The flexible budget remains constant and does not change with the changes in the level of activity in contrast, the flexible budget changes with changes in activity levels. The article provides a comparison chart that compares the two methods on the basis of meaning, nature, activity level, performance, evaluation, rigidity, and estimates. It gives definitions of fixed budget & flexible budget, presents the key differences, and concludes ...
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