ACCOUNTING PRINCIPLES-W/WILEYPLUS
ACCOUNTING PRINCIPLES-W/WILEYPLUS
14th Edition
ISBN: 9781119707158
Author: Weygandt
Publisher: WILEY
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Chapter 24, Problem 3Q
To determine

Budgeting: A process to prepare statement that represents the financial data for future periods is called budgeting. It is used for evaluation purposes as well based on deviation in the planned estimates and actual amounts.

To identify: The essentials of effective budgeting.

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