Question: A budget is both a projection and a control. A manager may need to go over budget to meet sales goals or spend less than
A budget is both a projection and a control. A manager may need to go over budget to meet sales goals or spend less than budgeted. A manager should communicate any changes to his manager, but in some organizations, the best budget is the one that
A. provides a cushion against surprise expenses
B. most closely projects actual expenses and revenue
C. sets stretch goals and challenges people
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