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At the end of the financial reporting period, Sean realises that a change to the operational budget is required due to an increase in the

At the end of the financial reporting period, Sean realises that a change to the operational budget is required due to an increase in the costs of raw materials and a wage increase that was not accounted for.

Explain the process that Sean will need to follow to negotiate and manage the budget changes.

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Heres the process Sean can follow to negotiate and manage the budget changes due to unforeseen cost increases 1 Gather Data and Analyze Impact Quantif... blur-text-image

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