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A video has been chosen for your enjoyment this week to coverthe topic of...

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Accounting

A video has been chosen for your enjoyment this week to coverthe topic of budgeting. Profit planning is an important process forany company. Discuss why a firm prepares a budget and how theyanalyze the ongoing performance. What advantages does a businesshave by going through the budget process? Be sure your response isat least 200 words.

Video can be found on YouTube:

Title- Forecast Accuracy: Is Forecast Variability To Blame Or ToBe Exploited?

Published on Dec 16, 2011

Duration: (4:37)
User: costmatters - Added: 12/17/11

Answer & Explanation Solved by verified expert
4.5 Ratings (763 Votes)
ANSWER Firm prepares a budget 1 Financial plan is utilized for arranging Spending readiness is an intricate procedure It constrains the administration to assess suspicions accomplishments abilities and possibilities and targets distinguished and outline a very much thought about gameplan Association which plans    See Answer
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Transcribed Image Text

In: AccountingA video has been chosen for your enjoyment this week to coverthe topic of budgeting....A video has been chosen for your enjoyment this week to coverthe topic of budgeting. Profit planning is an important process forany company. Discuss why a firm prepares a budget and how theyanalyze the ongoing performance. What advantages does a businesshave by going through the budget process? Be sure your response isat least 200 words.Video can be found on YouTube:Title- Forecast Accuracy: Is Forecast Variability To Blame Or ToBe Exploited?Published on Dec 16, 2011Duration: (4:37)User: costmatters - Added: 12/17/11

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