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Chapter 3






                          Overview









                     Purposes of                 Participation in                   Recap of

                       budgeting                 budget setting                    variances






                                                APPROACHES TO

                                                    BUDGETING






                                                              Fixed versus flexible


                                                                   Incremental


                      Methods of
                                                             Zero based budgeting
                       budgeting


                                                                     Rolling



                                                            Activity based budgeting

















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