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Consider the features of budgeting and respond to the

Budgeting is a managerial tool used for financial planning and control. Consider the features of budgeting and respond to the following:
What are the primary advantages of budgeting? Provide an example.

When can the budgeting process be a hindrance to an organization? Explain by giving some examples.

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Managerial Accounting: Consider the features of budgeting and respond to the

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