Strategic planning and budgeting are related because they tie the long-term and short-term (tactical) plans together.

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Strategic planning and budgeting are related because they

• tie the long-term and short-term (tactical) plans together.

• use the same underlying key variables to iden¬ tify success.

• harmonize external considerations and internal factors.

• require current information regarding the econ¬ omy, environment, technological developments, and available resources.

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Cost Accounting Foundations And Evolutions

ISBN: 9780324235012

6th Edition

Authors: Michael R. Kinney, Jenice Prather-Kinsey, Cecily A. Raiborn

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Question Posted: Jun 27, 2024 02:10 AM

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Strategic planning and budgeting are related because they tie the long-term and short-term (tactical) plans together.

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Cost Accounting Foundations And Evolutions

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