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1. Why do we start the budgeting process with the sales forecast? 2. Why would we want to keep all of our budgeting assumptions in

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1. Why do we start the budgeting process with the sales forecast? 2. Why would we want to keep all of our budgeting assumptions in one place when using a spreadsheet program? 3. What is a self-imposed budget? What are its advantages and disadvantages? 4. Why is the cash budget important

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