Unformatted text preview: a more accurate overall picture of what is going on at the different activity levels. This allows management to take action on the results as long as they are willing to analyze the variances and understand where they are coming from. Everything points to the use of flexible budgets as a sound business decision if a company wants to understand current trends and use them to their benefit to have continued growth. Sources: http://findarticles.com/p/articles/mi_m3257/is_n1_v43/ai_6965732/ http://www.helium.com/items/848637-defining-flexible-budgeting...
View Full Document
- Spring '10
- Decision Making, The Hard Part