Food ultimately proves to be one of the most adaptable required expenditures. We can safeguard the funds that many low-income families require for food by enacting tax reforms.
A flexible budget is one that may change depending on the activity or volume levels of a business. A flexible budget continually varies with a company's cost fluctuations, in contrast to a static budget, which remains fixed from the numbers decided upon when the budget is created.
A flexible budget is a breakdown of income and expenses for various activity levels. As a result, several activity levels are taken into consideration rather than just one activity level. Flexible budgets can be adjusted to reflect changes in income and spending during the fiscal year while taking into account expected volatility.
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