Budget is fluid and dynamic document

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A budget is a fluid and dynamic document. After all, how can you project for the unprojectable? Can you think of any instances where a budget may shift over the course of its use? These uncertain times highlight the need for flexibility in budgeting and mapping the path that a budget takes over time is important. What is the importance of showing both the original and revised version(s) of the budget in the public sector?

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Reference no: EM13174772

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