What is budgeting outline the advantages of budgeting and


What is budgeting? Outline the advantages of budgeting and explain in detail why a master budget is important for the running of an effective business operation.

Explain in detail what is a profit centre, outlining the suitability of a profit centre and the advantages and disadvantages of a profit centre.

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Financial Management: What is budgeting outline the advantages of budgeting and
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