Describe a budget and how it is important in planning and control. Explain how small and large
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Describe a budget and how it is important in planning and control. Explain how small and large firms benefit from the budgeting process. Explain participative budgeting and some of its advantages and disadvantages. Explain why managers build slack into budgets.
Related Book For
Intermediate Accounting
ISBN: 978-0324300987
10th Edition
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
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