We set the budget once a year and then compare the actual profi t after the end

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‘We set the budget once a year and then compare the actual profi t after the end of the fi nancial year. If actual profi t is below budget, then everyone needs to make more eff ort to ensure this doesn’t happen the following year.’ Discuss.

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Business Accounting And Finance

ISBN: 9780273723127

1st Edition

Authors: Tony Davies, Ian Crawford

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