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Accountancy

It is good to know that the SG&A expense budget is typically coined from the Pro-forma income statement. This means that the SG&A expense budget can be formulated once the sales budget is formulated. Furthermore, the operating budget has to be created before creating an SG&A expense budget."

Based on the quote above, How would you advise a company to reduce its operating cost so as to enable it to make a profit or better still break-even with low sales as a result of the covid-19 pandemic?


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