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The Major Advantage of the ______ Method Is That the Budget

question 70

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The major advantage of the ______ method is that the budget is derived by the objectives to be attained.


Definitions:

Production Line

An arrangement of machines and workers in a factory where a product passes sequentially from operation to operation until completed.

Waste

Unwanted materials or substances produced by a manufacturing process or during consumption, often associated with inefficiency or environmental harm.

Fixed Costs

Expenses that do not change with the level of production or business activity, such as rent, salaries, and insurance.

Controlled Costs

Expenses that can be managed or influenced by decisions of business managers, allowing organizations to adjust for efficiency and cost savings.

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