Efficient and effective use of limited resources is the key to success in todays economy....
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Accounting
Efficient and effective use of limited resources is the key to success in todays economy. Assisting in the budget planning process is a major task for managerial accountants.
All organizations have limited resources, but whom in the organization should be involved in the budgeting process?
Discuss the pros and cons of the two basic philosophies that organizations should follow to plan and develop their budgets.
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