Answer
For variable-cost planning, ongoing decisions during the budget period play a much larger role; But for fixed-cost planning, most key decisions are made before the start of the period.
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Cost Accounting (15th Edition)
by Horngren, Charles T.; Datar, Srikant M.; Rajan, Madhav V.
Published by
Prentice Hall
ISBN 10:
0133428702
ISBN 13:
978-0-13342-870-4
Chapter 8 - Flexible Budgets, Overhead Cost Variances, and Management Control - Assignment Material - Questions - Page 316: 8-2
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