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Why did masters at the University of Paris condemn Joan of Arc for wearing men's clothing?
Zero-Based Budgeting
A budgeting approach where every expense must be justified for each new period, starting from a "zero base."
Budget Estimates
Financial predictions that outline expected income and expenditures for a specific period.
Static Budget
A type of budget that remains unchanged over a period, regardless of any changes in business activity or operations.
Flexible Budget
A budget that adjusts or varies with changes in volume or activity, allowing for better cost control and planning.
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