Aging is an important process when it comes to cheese making. When the cheese is all ready to go out, it is given a aging time. It is this aging period that defines the flavor, taste and aroma of any cheese. Edam cheese ages well and with time it is much better. Different cheese varieties have different aging periods.
This chapter introduces flexible budgets. The most common budgets prepared on a flexible basis focus on total production costs, or some measure of profitability, such as an income statement budget. Flexible budgets are useful for performance evaluation of cost and profit centers.
The reality is that this type of budgeting tool can be used in any type of cost. The main purposes of zero based budgeting is accountability, viability, aligned incentives, and a rigorous process and all of these can be important to any type of costs. 5. Zero-based budgeting was not created for growth oriented companies.