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The use of new technologies encourages .
Continuous Twelve-Month Budget
A financial planning document that forecasts revenues and expenses on a rolling monthly basis for a year.
Production Budget
An estimate of the total cost of production, including raw materials, labor, and overhead, for a specific period.
Cash Budget
A detailed plan that estimates the cash inflows and outflows over a specific period, used for managing liquidity and ensuring solvency.
Direct Materials Budget
A financial plan that estimates the raw materials needed to meet production goals and the costs associated with purchasing them.
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