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What are the concepts of the topic Master Budget

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Reference no: EM132947074

Question - Answer the following:

What are the concepts of the topic Master Budget (Profit Planning and Budgeting)?

Why budgeting is relevant in different aspects such as to family or even in the business world.

How can we do budgeting in a more effective way?

Give instances where we can use budgeting.

Reference no: EM132947074

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