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Question3 Critically evaluate the purposes of an efficient budgeting system, highlighting the problems that may arise in the design and implementation of such a system.

Question3

  1. Critically evaluate the purposes of an efficient budgeting system, highlighting the problems that may arise in the design and implementation of such a system.

20marks.

  1. Consider the alternative approaches to an efficient budgeting system that could be formulated and designed to serve organizations that operate in a stable static environment in contrast to those that work within a dynamic innovative environment.

30marks,

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