Unit theoretical questions to understand: 1. What is a budget? What is its purpose? 2.
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Unit theoretical questions to understand:
1. What is a budget? What is its purpose?
2. What are the differences between a budget and a business plan?
3. What is a Budget Income Statement? How is it different than the operating income statement?
4. What is an inventory budget - why is important?
5. What is a cash budget - why is it important?
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