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Please post a response just between 200 to 300 words to the given discussion problem:

What do you mean by flexible budget? What kinds of organizations might use flexible budgets? describe why are flexible budgets helpful?

Next, assume that you are making a business's cash budget, which includes determining the amount of cash to keep on hand. How might the nature of the business influence your decision? Give specific illustrations in your response.

Accounting Basics, Accounting

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