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Scientists today do not accept the Ptolemaic model because
Static Budget
A budget that shows the expected results of a responsibility center for only one activity level; it is not changed, even if the activity changes.
Budgeting
The process of creating a financial plan to manage revenues, expenses, and resources over a specified period, often projecting future income and expenditures.
Financial Terms
The specific language or jargon used within the finance industry to describe actions, instruments, processes, and concepts related to money and finance.
Preparing A Budget
The process of creating a financial plan that forecasts the revenues and expenses over a specified period, typically a year.
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