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  3. budgets are developed months before the end of the

Budgets are developed months before the end of the current year and are best guess estimates...

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Accounting

Budgets are developed months before the end of the current yearand are best guess estimates of future performance. What do youthink might be some pitfalls of budgeting, and how can they beavoided?

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Budgeting in business is very important to make higher profits and reduce costs Budgets in business are created using the past business data and predicting the future outcome of any business They are createddeveloped months    See Answer
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