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How would the budget process for the service company differ

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Question 1: Many companies are service operations that do not sell a physical product, select a service company and describe the process of creation the master budget (refer to below figure). How would the budget process for the service company differ from a manufacturing company? Be specific.

Question 2: As know production Budget is not valid for service companies. so how labor/employee cost for who providing the service will be considered and for which budget ?

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Reference no: EM132507469

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