Accuracy of the budgeting process


Question 1: In a fast growing company, does an increase in the company's sales necessarily imply an increase on the expense side as well? Explain please.

Question 2: How can organizations increase the accuracy of the budgeting process?

Question 3: How are long-term capital expenditures budgeted in a quarterly budgeting process?

Question 4: Are cash budgets implicitly geared towards short-term financial goals? Explian please.

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Finance Basics: Accuracy of the budgeting process
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