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Kroeber and Kluckhon suggest that the core feature of culture is
Flexible Budget
A budget that adjusts or flexes with changes in volume or activity levels, providing a more useful tool for performance evaluation compared to a static budget.
Cost Behavior
The study of how specific costs change in relation to changes in the levels of activity within a company, typically categorized into fixed, variable, and mixed costs.
Sales Variance
The difference between actual sales and budgeted or forecasted sales.
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