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1. Please explain fixed and flexible budgeting. Provide an
example of budgeting for three
consecutive periods in which safety margin is included for
flexibility
2. Explain statement of cash flows proforma and its significance
in budgeting. Provide a
hypothetical example of a statement of cash flows in a
manufacturing enterprise.

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1. Please explain fixed and flexible budgeting. Provide an examp.docx

  • 1. 1. Please explain fixed and flexible budgeting. Provide an example of budgeting for three consecutive periods in which safety margin is included for flexibility 2. Explain statement of cash flows proforma and its significance in budgeting. Provide a hypothetical example of a statement of cash flows in a manufacturing enterprise.