Many companies are service operations that do not sell a physical product. Select a for profit service company (Apple, Schneider Electric, Cube Insurance Ltd .. any other company is accepted) and describe the process it would use for a master budget?

How would the budget process for the service company differ from a manufacturing company?

#deep analysis and scholarly resources are required>

# optional resource: https://2012books.lardbucket.org/books/accounting-for-managers/index.html

(chapter 9 - 10 )