Cost planning is budgeting. Do you budget? Are budgets as helpful as theoretically proposed? Use your experience to support your response. Consider budgets from a business perspective. Which budget(s), based on reading, do you believe is/are most important to the organization's success?

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While cost planning is an essential part of budgeting not all cost planning is the same as budgeting Budgeting goes beyond mere planning costs it invo... View the full answer