Examlex
Drift nets are allowed to float overnight in open ocean areas.
Budgetary Slack
Excess resources set within a budget to provide for uncertain events.
Operational Plans
Detailed plans that outline how a strategy will be implemented in terms of day-to-day operations.
Flexible Budget
A budget that shows the expected results of a responsibility center for several activity levels.
Static Budgets
Financial plans that remain unchanged over the budget period, irrespective of any variations in activity levels.
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