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Watch The State Budget Process and then please respond to the following: After watching the steps in the budgeting process summarized in the NASBO presentation,
Watch The State Budget Process and then please respond to the following:
- After watching the steps in the budgeting process summarized in the NASBO presentation, analyze why the variances reported in the "final" budget-to-actual comparisons may not be valuable in revealing the reliability of the budget estimates made at the start of the year. Why do you speculate this to be true?
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