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1.- List and explain 3 Essentials of effective budgeting for a company. Explain the importance of effective budgeting (100 to 200 words) 2.- Explain how
1.- List and explain 3 Essentials of effective budgeting for a company. Explain the importance of effective budgeting (100 to 200 words)
2.- Explain how to compute a production budget. What inventory account is being budgeted using the production budget? Provide an example of a production budget. (50 - 100 words)
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