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1.No.049 MC (Points: 2) Top management notices a variation from budget and an investigation of the difference reveals that the department manager could not be expected to…
SALES AND DISTRIBUTION MANAGEMENT Unit I: Definition, Objectives and Scope, Role of Sales Management in Marketing Management, Recent trends in Sales Management Unit I: INTRODUCTION…
BUDGETING What is Budget? It is the comprehensive and coordinated plan, expressed in financial terms, for the operations and resources of an enterprise for some specified…
Chapter 07 - Planning for Profit and Cost Control Answers to Questions 1. Budgets are useful for large companies with complex activities as well as small companies. Budgets…