Question
'A budget is a forecast'. 'A budget is a target'. 'A budget is an allocation of resources'. 'A budget is a measuring rod'. Discuss any
'A budget is a forecast'.
'A budget is a target'.
'A budget is an allocation of resources'.
'A budget is a measuring rod'.
Discuss any conflicts that are inherent in the above views of budgets. Discuss the general validity of each of the statements and give your own views on the nature of budgets.
Ensure work is cited
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Financial and Managerial Accounting
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
11th Edition
9780538480901, 9781111525774, 538480890, 538480904, 1111525773, 978-0538480895
