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STEPS IN BUDGETARY CONTROL
1. Quantification of plans in relation to sales, production, distribution and finance in terms of objectives and goals set by the management. That is, Prepare budgets for each section of organization.
2. Record real performance.
3. Compare actual & budgeted performances.
4. Remedial action to be taken if there is any dissimilarity.
5. Re-check budgets if necessary.
What is the difference among pro forma financial statements and a cash budget? Explain why pro forma financial statements are not employed to forecast cash needs. Pro forma inco
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A firm's operating and financing decisions Risk also results from decisions made within the company. This risk is usually divided into two classes: - Business risk is th
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discuss the applicability operating cycle considering broilers in uganda?
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