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What does the course describe as a major difference between budgeting and forecasting? Forecasting is used for internal purposes only Budgeting is rarely updated, whereas

What does the course describe as a major difference between budgeting and forecasting? Forecasting is used for internal purposes only Budgeting is rarely updated, whereas forecasting is updated regularly Budgeting involves less financial detail compared to forecasting Budgeting and forecasting are essentially the same

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