Efficient and effective use of limited resources is the key to success in todays economy....
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Accounting
Efficient and effective use of limited resources is the key to success in todays economy. Assisting in the budget planning process is a major task for managerial accountants.
- All organizations have limited resources, but whom in the organization should be involved in the budgeting process?
- Discuss the pros and cons of the two basic philosophies that organizations should follow to plan and develop their budgets.
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