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(a) Describe how the accountant assists decision-making by identifying budget trends. (b) What accounting standard is relevant to feasibility projections and what other safeguards ought
(a) Describe how the accountant assists decision-making by identifying budget trends.
(b) What accounting standard is relevant to feasibility projections and what other safeguards ought to be considered in regard to budget reporting?
(c) What are rolling budgets? How frequently should the budget review occur?
(d) Describe the features of cash, revenue and expenditure. Give examples of each category with a linked budget objective.
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