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RJET Task 2

RJET Task 2

Submitted by • October 29, 2013

A budget is a plan that stipulates the financial goals and expectations of the company (Warren, Reeve, Duchac, 2011). The budget is prepared in advance and uses projected figures for a given accounting period. The budget is an essential planning tool as it compels the firm’s management team to analyze future events, set financial targets, foresee problems and provide direction to the company.

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Voted by kallen

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