Examlex
Nicotine is carcinogenic.
Budgetary Control
The use of budgets to control operations.
Master Budget
An all-encompassing financial planning document that includes detailed budgets for all aspects of a company's operations over a specific period.
Manager's Performance
The effectiveness and efficiency with which a manager reaches goals and meets objectives within an organization.
Flexible Budget
A budget that adjusts or flexes with changes in volume or activity, allowing for more accurate budgeting and forecasting.
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