Examlex
Identify the following terms.
-Confucius
Customers Served
The number of customers that have been provided with products or services by a business during a specific time period.
Planning Budget
A budget created for a specific level of activity; it helps management set financial targets and evaluate performance.
Customers Served
refers to the number or segment of clients to whom a business has provided products or services within a specific period.
Flexible Budget
A budget that adjusts or flexes with changes in volume or activity level, thereby providing a more useful tool for controlling costs.
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