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Flexible budgets are used as a tool for
Accounts Receivable
Money owed to a company by its customers for products or services provided on credit.
Inventory
The total amount of goods or materials a company holds, meant for sale or production.
Acid-Test Ratio
A financial metric that measures a company's ability to pay off its short-term liabilities with its quick assets.
Current Ratio
A liquidity ratio that measures a company's ability to pay short-term obligations with its current assets.
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