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Address how a strong operating and capital budget process would assist achieving future financial goals (what...

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Finance

Address how a strong operating and capital budget process wouldassist achieving future financial goals (what tools might youemploy?). Explain why accurate cost allocation is important. Whatwould be the priorities for capital budgets (in general, notspecifically)?

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Financial goals Financial goals are targets usually driven by specific future financial needs of business plan and growth Setting shortterm midterm and longterm financial goals is an important step toward becoming financially secure to operate the business smoothly and expand to wards vision of organization Operational and Capital budget The financial budget    See Answer
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Address how a strong operating and capital budget process wouldassist achieving future financial goals (what tools might youemploy?). Explain why accurate cost allocation is important. Whatwould be the priorities for capital budgets (in general, notspecifically)?

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