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Act 5140 - accounting for decision makers homework list and

Accounting for Decision Makers Homework

Directions: Answer all the questions.

Question 1 - List and describe four potential advantages of budgeting and four potential disadvantages of budgeting. As part of your description, you should provide examples of the advantages and disadvantages.

Question 2 - Describe the strengths and weaknesses of the three general types of budgeting processes we discussed. As part of your description, you should provide examples of the strengths and weaknesses.

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