Rolling budgets can only be used in conjunction with zero based budgeting.
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Q18: Having excessive cash tied up in accounts
Q19: One method for estimating sales revenue is
Q20: Cost centres are organisational units where the
Q21: Kaizen budgeting is based on the premise
Q22: Updating rolling budgets with recent results means
Q24: To ensure proper accountability it is essential
Q25: It is difficult to measure the relationship
Q26: In activity based budgeting a budget is
Q27: Continuous quality improvements are a characteristic of
Q28: Program budgeting requires manager to justify expenditure
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