Question
1) Explain the process for creating an operating budget and its importance. 2) Explain how revenues and expenses are grouped for planning and control in
1) Explain the process for creating an operating budget and its importance.
2) Explain how revenues and expenses are grouped for planning and control in the financial statements.
3) Explain the differences between cash and accrual financial systems.
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Managerial Accounting
Authors: James Jiambalvo
4th edition
9780470546888, 9780470333341, 470546883, 470333340, 978-0470578797
