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Budgeting Process and Incremental Budgeting : A service company uses an incremental budgeting approach for its marketing department. The department's budgeted expenses for the upcoming
Budgeting Process and Incremental Budgeting: A service company uses an incremental budgeting approach for its marketing department. The department's budgeted expenses for the upcoming year are $100,000. If the department manager needs to justify an increase of 10% in the budget, calculate the total amount the manager needs to justify and discuss the advantages and disadvantages of using incremental budgeting.
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