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  3. budgeting has a number of different purposes inclu

Budgeting has a number of different purposes including: Planning; Control; Performance evaluation; Motivation. Some managers...

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Accounting

Budgeting has a number of different purposes including: Planning; Control; Performance evaluation; Motivation. Some managers believe that zero-based budget is more beneficial than other types of the budget for firms.

Required:

Critically discuss the above statement with reference to academic literature. In your discussion, you should refer to the budgeting systems you learned in this module.

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