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Budgets are predictions based on a companys (or a familys) best information at the time....

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Accounting

Budgets are predictions based on a companys (or a familys) best information at the time. What are some reasons that a company or a department cant make budget in a given year? What kind of prevention and troubleshooting can be done to prevent a budget from becoming a meaningless piece of paper? Read the handout in the Course Materials folder on budgeting. Which of the three budgeting methods (incremental, zero-based, hybrid) do you think would be most useful throughout the year?

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