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Exam P1 All Questions
Exam P1 All Questions

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CIMA Operational P1 Question # 48 Topic 5 Discussion

P1 Exam Topic 5 Question 48 Discussion:
Question #: 48
Topic #: 5

N prepares budgets on an annual basis by using the budget from the previous year, and then adjusting it for growth and inflation.

This is an example of:


A.

An incremental budget


B.

A rolling budget


C.

A flexed budget


D.

Zero based budgeting


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