What are the roles played by a budget


Problem 1: What are the roles played by a budget and how many budget types are available?

Problem 2: Under what conditions is a flexible budget likely to be more effective than a forecast budget?

Problem 3: What is your understanding of strategic planning and financial planning?

Problem 4: What if financial planning is not aligned with strategic planning? What are the consequences?

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Accounting Basics: What are the roles played by a budget
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