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A budget is both a projection and a control. A manager may need to go over budget to meet sales goals or spend less than

A budget is both a projection and a control. A manager may need to go over budget to meet sales goals or spend less than budgeted. A manager should communicate any changes to his manager, but in some organizations, the best budget is the one that

provides a cushion against surprise expenses

sets stretch goals and challenges people

most closely projects actual expenses and revenue

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