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If a company has prepared a sales budget, is it still necessary for them to plan a cash receipts budget? Why or why not? You

If a company has prepared a sales budget, is it still necessary for them to plan a cash receipts budget? Why or why not? 


You have been asked to advise the management team of a small trading business about problems they may encounter in implementing a new budgeting system.Least four (4) problems they should be aware of and attempt to avoid.


Explain why a budget should be aligned with the organisation's vision and strategy?

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