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FIBA702 Budgeting And Control

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Answer: Cost management refers to the underlying process related to controlling as well as planning the budget for the business. It is a type of management accounting only which is meant to ensure that the actual cost incurred in various activities tend to remain within the budgetary limits.  In this process, typical variances are computed to reflect the deviation of the actual cost from the budgeted cost which are then analyzed. Cost m...

Read More arrow Tags: Egypt Tanta Management Term Cost Management  University of Tanta MBA 

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