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Whilst in large organisations strategic planning tends to have a 5 year time horizon, budgets tend to be set for the forthcoming year because: A.

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Whilst in large organisations strategic planning tends to have a 5 year time horizon, budgets tend to be set for the forthcoming year because: A. It is long enough to be worthwhile yet short enough for detalled plans to be made. B. It is a requirement under an IAS. C. It is easily divided into months. D. It is a logal requirement under Company Law

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