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82 Discuss some of the major benefits to be gained from budgeting. 83 What is meant by the term responsibility accounting? 84 What is a

82 Discuss some of the major benefits to be gained from budgeting.

83 What is meant by the term responsibility accounting?

84 What is a master budget? Briefly describe its contents.

85 Why is the sales forecast the starting point in budgeting?

89 How can budgeting assist a company in planning its workforce staffing levels?

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