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Organizations budget - PowerPoint PPT Presentation

Profit Planning: Master Budget

Profit Planning: Master Budget. Learning Objective 1. Understand why organizations budget and the processes they use to create budgets. Planning and Control Cycle. Exhibit1-2. Formulating long-and short-term plans (Planning). Begin. Comparing actual to planned performance (Controlling).

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Organizations budget - PowerPoint PPT Presentation

Profit Planning: Master Budget