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Q1. What role does the accounting department play (or what role should it play) in the budgeting process? In the end, who is ultimately responsible
Q1. What role does the accounting department play (or what role should it play) in the budgeting process? In the end, who is ultimately responsible for the budget, anyway? Instead of the president of the company, would it be more effective if the budgeting committee as a whole was responsible for the budget?
Q2. Who should represent the various departments in the budget committee? What are the roles of these individuals?
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