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1. What is a budget, what is the goal of a budget, and what are the three functions of budgeting, including their chief criticisms? 2.

1. What is a budget, what is the goal of a budget, and what are the three functions of budgeting, including their chief criticisms? 2. What are the major challenges in preparing a budget for a large organization? Please offer an example from research or from your place of work. 3. Describe the major steps required to create a budget, who is responsible, and when they should be completed? Also, discuss the three rules for winning the budget game.

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