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FYI, Tough chapter. Lots of IMPORTANT material. Don't sell it short. FASB, the AICPA, the SEC, none of the accounting rule making bodies require that

FYI, Tough chapter. Lots of IMPORTANT material. Don't sell it short. FASB, the AICPA, the SEC, none of the accounting rule making bodies require that corporations complete budgets. Almost all of them do. Why do corporations spend the money to complete budgets if they are not required to do so?

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