Why is budgeting important for a company

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1. Why is budgeting important for a company? What are some reasons that a company would not prepare a budget?

2. Describe responsibility accounting and its purpose. What conditions are necessary for responsibility accounting to be used effectively?

Reference no: EM13759064

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Why is budgeting important for a company : Why is budgeting important for a company? What are some reasons that a company would not prepare a budget?
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