A manager of a market research company made the following comment: The whole budgeting process is a

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A manager of a market research company made the following comment:

"The whole budgeting process is a waste of time. I would rather my managers and finance staff focus on improving the business than spend time putting together detailed budgeting schedules." 

Comment on this statement.

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Management Accounting Information for creating and managing value

ISBN: 978-1760420406

8th edition

Authors: Kim Langfield Smith, David Smith, Paul Andon, Ronald Hilton, Helen Thorne

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