Essay
Alberto and Marko have just purchased a small soap manufacturing company that was having financial difficulties.After a brief operating period,they decided that the company's main problem was the lack of any financial planning.The company made a good product and market potential was great.
Required:
Explain why a company needs a good budgeting plan.Specifically address the need for a master budget.
Correct Answer:
Verified
Correct Answer:
Verified
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