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Budgeting is a powerful tool for all businesses. Budgets play a vital role for both the public and private sectors in the development of a

Budgeting is a powerful tool for all businesses. Budgets play a vital role for both the public and private sectors in the development of a sound business strategy.

  • Discuss why budgets are so important for all organizations.
  • Describe some advantages and disadvantages to budgeting.

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