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1. Allocate resources to different departments by taking information from previous financial data.
2. What would be the estimated cost of new allotted resources to be included in the budget?
3. Prepare budgets in accordance with your organisational requirements and these should be in accordance with any statutory requirements .
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Deficiency in Design - This exists when a control essential to meet the control objective is missing or an existing control isn't properly designed so that even if control operates
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Describe the major financial problems of a firm The three questions posed above cover between them the major financial problems of a firm. Or we can say that financial manageme
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