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How might a business leverage technology and tools to simplify and automate its budgeting process and reporting? What are the benefits and challenges of preparing

  1. How might a business leverage technology and tools to simplify and automate its budgeting process and reporting?
  2. What are the benefits and challenges of preparing a master budget?
  3. How can a master budget be adjusted for changing conditions and uncertainties?
  • Do you agree or disagree with this explanation? Why or why not?

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