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Exercise 1-5. Budgets [LO 1] Megan Kelly is the chief financial officer of a chain of 25 drug- stores. Explain how she can use budgets

Exercise 1-5. Budgets [LO 1]

Megan Kelly is the chief financial officer of a chain of 25 drug- stores. Explain how she can use budgets in both planning profit and controlling operations.

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