FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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When setting a flexible budget, it is important to know
the expected profit that a firm requires.
the relevant ranges of activity and cost.
the expected return that the shareholders or owners require.
the impact of inflation on the budget in the year to come
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Transcribed Image Text:When setting a flexible budget, it is important to know the expected profit that a firm requires. the relevant ranges of activity and cost. the expected return that the shareholders or owners require. the impact of inflation on the budget in the year to come
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