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a. Give your explanation of the budget cycle and give an example of its application in a business illustration of a whole series in order

a. Give your explanation of the budget cycle and give an example of its application in a business illustration of a whole series in order in the budget cycle!

b. In the Financing System, cost object are divided into two parts. Explain the two parts, give at least three examples and explain why you took this as an example!

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