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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 736 |
Essay's paper body
If we then compare the sales forecast expressed in units with the actual number of standard inputs used during a budgeting period, we can obtain a measure of performance. This metric can help identify and thus eliminate inefficiencies in an organization's performance.
Budgeting techniques can also be used as an analytical tool for personal time or for non-financial measures such as the utilization of productive capacity...
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This metric can help identify and thus eliminate inefficiencies in an organization's performance.
Budgeting techniques can also be used as an analytical tool for personal time or for non-financial measures such as the utilization of productive capacity. Activity-based budgeting uses costing principles to relate the cost of performing a unit of activity...
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General points of the essay
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