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  2. What is a fixed cost, and how does it differentiate from a variable cost? Provide an example to illustrate your response. State why this is useful for a manager to understand in controlling costs.

What is a fixed cost, and how does it differentiate from a variable cost? Provide an example to illustrate your response. State why this is useful for a manager to understand in controlling costs.

Posted by:Brian Posted on:Nov 14,2020
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1. Name 3 processes that could be used by a manager to monitor actual expenditure and control costs. 2.To ensure the budget objectives are met,
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