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How are budgets used for a company or in government what

Question -

1. How are budgets used for a company or in government? What would your suggestions be to balance our economic budget?

2. After identifying suggestions for balancing the economic budget explain the importance of being able to identify various "variances" that may be identified? You may use any examples you want.

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Accounting Basics: How are budgets used for a company or in government what

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