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Of the four costs shown below, which would not be included in the cash budget of an insurance firm? Question 13. A budget that gives a summary’ of all the functional budgets and projected Profit and Loss Account is known as …. (A) Capital budget (B) Flexible budget (C) Master budget (D) Discretionary budget Answer:...
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A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart. I am alone, and feel the charm of existence.

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