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Documents 7 - 1 ©2003 Prentice Hall Business Publishing, Cost Accounting 11/e, Horngren/Datar/Foster Flexible...

Slide 17 - 1 ©2003 Prentice Hall Business Publishing, Cost Accounting 11/e, Horngren/Datar/Foster Flexible Budgets, Variances, and Management Control: I Chapter 7 Slide…

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CHAPTER 7 CHAPTER 7 FLEXIBLE BUDGETS, VARIANCES, AND MANAGEMENT CONTROL: I 7-1 Management by exception is the practice of concentrating on areas not operating as expected…

Documents 7 - 1 ©2003 Prentice Hall Business Publishing, Cost Accounting 11/e, Horngren/Datar/Foster Flexible...

Slide 1 7 - 1 ©2003 Prentice Hall Business Publishing, Cost Accounting 11/e, Horngren/Datar/Foster Flexible Budgets, Variances, and Management Control: I Budgeting Lecture…

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CHAPTER 7 CHAPTER 7 FLEXIBLE BUDGETS, DIRECT-COST VARIANCES, AND MANAGEMENT CONTROL 7-1 Management by exception is the practice of concentrating on areas not operating as…