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Operational Plans
Detailed plans that outline how a strategy will be implemented in terms of day-to-day operations.
Flexible Budget
A budget that shows the expected results of a responsibility center for several activity levels.
Static Budgets
Financial plans that remain unchanged over the budget period, irrespective of any variations in activity levels.
Master Budgeting
A comprehensive financial planning document that includes all of an organization's budgets for a specific period.
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