Week 5

Discuss some of the critical issues in preparing a budget for a multinational enterprise (MNE) and global enterprises? 
 As technology revolutionizes the manufacturing operations, what are some of the adjustments needed to be made (if any) to standard-costing system to remain as an effective measure in today’s business environment? 
 The CEO of Pride Company wants to understand when the company should use a conventional flexible budget or activity-based flexible budget. As the company’s cost accountant, describe to the CEO the similarities and differences, advantages and disadvantages of conventional and activity-based flexible budget

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