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Question 17 briefly explain the following types of

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Question 17: Briefly explain the following types of reports?Covers reports –
Stock reports –
Wastage reports –
Question 18: Which types of business must file a Business Activity Statement? What are the components of aBusiness Activity Statement?
Checkpoint 5Question 19: Explain the following budgeting terms?Variance –
Projected/Forecasted Figure –
Actual Figure –
Budgeted Figure –
Question 20: Explain the terms “favourable Variance and “unfavourable Variance”?

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