What the benefits of having a flexible budget

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Reference no: EM131003297

Read the article Flexing Your Budget in which experts urge hospitals and healthcare systems to trade in their traditional budgeting process for a more dynamic and versatile model.

Author of Article: Paul Barr

Title of Article: Flexing your budget. Experts urge hospitals, systems to trade in their traditional budgeting process for a more dynamic and versatile model.

Questions:

• What the benefits of having a flexible budget?

• What are some of the downsides of having a flexible budget?

• Do you think the budget busters are accurate? Why or why not?

• How does the flexible budget address these budget busters?

Reference no: EM131003297

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What the benefits of having a flexible budget : What the benefits of having a flexible budget? What are some of the downsides of having a flexible budget? Do you think the budget busters are accurate? Why or why not
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