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Discussion: Watch the video below titled "NASBO The State Budget Process" (6 min 01 s).
Video Source: National Association of State Budget Officers (NASBO). (2013, May 20). NASBO The State Budget Process [Video file].
Analyze the steps in the budgeting process summarized in the NASBO presentation and discuss how the actions in the process can improve the value and reliability of budget-to-actual comparisons used in budget estimates. Provide an explanation for the budget-to-actual limitations.
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