Accounting video review.
Check out the link to the YouTube video that explains the flexible budget. The lecture does a good job of explaining the topic, and I think it will help clarify this concept.
https://www.youtube.com/watch?
Right click on the link to start the video.
Tell me what you learned if you like.
1 referemce. APA
Solution Preview
Budget Accounting
The budget is an effective tool, useful for planning and control of costs within a particular establishment. However, the lack of assurance on possible expenditure due to the existence of some costs that are not related to the sources of revenue results to challenges in the control process.
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