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Accounting Topic D- What is Budgeting Write a substantive post (2 3 paragraphs) that answers the following questions: What is a budget? What is meant

Accounting

Topic D- What is Budgeting

Write a substantive post (2 3 paragraphs) that answers the following questions:

  1. What is a budget? What is meant by budgetary control?
  2. What are some of the benefits of budgeting?
  3. Why is the sales forecast the starting point for a budget?

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