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Simplify the rational expression. If the rational expression cannot be simplified, so state.
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Flexible Budget
A financial strategy that evolves in line with shifts in activity intensity or operational volume.
Budgeting Formulas
Mathematical expressions or algorithms used to calculate various components of a budget, such as expenses, revenues, or profits.
Direct Materials
Raw materials that are directly traceable to the production process and are a part of the finished product.
Flexible Budget
An adaptable financial plan that changes according to the actual output levels or activities of a business.
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