Discuss the advantages of a flexible budget technique used for forecasting sales and production volume.

Advantages of a flexible budget

The advantages of a flexible budget technique used for forecasting sales and production volume.

We must properly plan our organization’s operational activities but it is difficult to efficiently plan activities like management, hiring or purchasing activities until and unless we have a proper idea of our company’s production.

Discuss the advantages of a flexible budget technique used for forecasting sales and production volume.
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