If the majority of companies find that their forecasts are inaccurate, why should managers engage in budgeting

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If the majority of companies find that their forecasts are inaccurate, why should managers engage in budgeting at all?

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Cost Accounting Foundations and Evolutions

ISBN: 978-1111626822

8th Edition

Authors: Michael R. Kinney, Cecily A. Raiborn

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Question Posted: Jul 24, 2012 02:48 AM

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If the majority of companies find that their forecasts are inaccurate, why should managers engage in budgeting

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The process of developing a budget is important because managers are able to view the interactions o...View the full answer

Cost Accounting Foundations and Evolutions

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