As you read, budgeting is an important planning and control tool. Tell me and the...
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Accounting
As you read, budgeting is an important planning and control tool. Tell me and the class about your experiences with budgeting in a business environment. Do you or have been part of the budgeting process? Within the master budget of the organization, what was your role and responsibilities? What did you find the biggest challenge with budgeting? If you have not been part of the budgeting process before what you believe would be the biggest challenge *(i want this as a discussion )*
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