(Continuous budgeting) You own a small boat manufacturing company. At a recent manufacturers association meeting, you overheard...

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(Continuous budgeting) You own a small boat manufacturing company. At a recent manufacturers’ association meeting, you overheard one of the other company owners saying how he liked using a continuous budgeting process. Discuss what you believe are the advantages and disadvantages of continuous budgeting for your company in a report to your top management group.

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Gauri Hendre

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