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Principal budget factor is such an important factor in the budgetary control process. It is essential to identify the principal budget factor before the preparation
Principal budget factor is such an important factor in the budgetary control process. It is essential to identify the principal budget factor before the preparation of budgets.
Required:
i) Explain the term Principal budget factor as used in budgetary control.
ii) Identify THREE (3) examples of Principal budget factor from financial institution
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