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Advantages of incremental budgeting
a) The budget is stable and change is gradual
b) Managers can operate their departments on a steady basis
c) The system is relatively easy to operate and simple to understand
d) Conflicts are avoided when departments appear to be treated likewise
e) Co ordination among budgets is easier to achieve
f) The impact of alters can be seen quickly
STANDARD COSTING AND BUDGETARY CONTROL In practice, the terms standard cost and budgeted cost might be used interchangeably. Whereas it is possible to have budgeting without s
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Bridge loans are obtainable from the banks and financial institutions while the source and timing of the funds to be raised is identified along with certainty. While there is a tim
the suitability of incremental budgeting to a stable and static environment
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