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1) List sources of variances between budgeted and actual amounts 2) Describe the concept of zero-based budgeting.

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Finance

1) List sources of variances between budgeted and actualamounts

2) Describe the concept of zero-based budgeting.

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Answer Variance between budgeted and actual amounts can be because of multiple reasons Following could be the major sources of variance a Favourable variance caused due to company making higher revenue than budgeted b Variance can also    See Answer
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1) List sources of variances between budgeted and actualamounts2) Describe the concept of zero-based budgeting.

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