BUSN 11 Introduction to Business Student Edition
BUSN 11 Introduction to Business Student Edition
11th Edition
ISBN: 9781337407137
Author: Kelly
Publisher: Cengage Learning
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Chapter 8, Problem 5LO
Summary Introduction

To discuss:  The way the budgeting process could assist the managers to plan, motivate and assess the organization’s process.

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Describe the budgeting process, three major budgeting challenges, and the four major types of budgets.
Define budgeting and discuss its role in planning, controlling, and decision making.
Discuss any differences between the budgeting process of a company and budgeting process of a government.
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