NEXT Exercise 21-1 (Essay) Trusler Company has always done some planning for the future, but the company has never prepared a formal budget. Now that the company is growing arger, it is considering preparing a budget. Write a memo to Jim Dixon, the president of Trusler Company, in which you define budgeting, identify the budgets that comprise the master budget, dentify the primary benefits of budgeting, and discuss the essentials of effective budgeting. By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor Question Attempts: 0 of 15 used SAVE FOR LATER MacBook Pro 1 8 2 5 9 0