What Is a Flexible Budget? Definition, Types & Examples
Automated forecasts, scenario planning, and monthly variance reviews are standard. Processes and training are formalized, with clear accountability structures. Some teams use drivers (e.g., units produced, hours worked), with basic variance reports and thresholds. Budget vs. actual comparisons occur regularly, but governance and process consistency remain limited. Evidence of better forecasting, budgeting cycles, or investment […]
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