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    Cost Accounting Study Set 2
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    Exam 11: Budgeting, Management Control and Responsibility Accounting
  5. Question
    Explain What Is Meant by Sensitivity Analysis in Budgeting,and Discuss
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Explain What Is Meant by Sensitivity Analysis in Budgeting,and Discuss

Question 46

Question 46

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Explain what is meant by sensitivity analysis in budgeting,and discuss how managers might use this technique in practice.

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Sensitivity analysis is a 'what-if' tech...

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