What are some of the purposes of budgeting

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Question: 1. Explain the concept of budgeting.

2. What are some of the purposes of budgeting?

3. List and discuss three advantages of budgeting.

4. Explain the difference between long- and short-term budgeting.

5. Give an example of:

a. A hotel departmental budget

b. A capital budget for a restaurant

Reference no: EM131507572

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