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Module 4 Discussion – Operating and Managing Budgets

Module 4 Discussion – Operating and Managing Budgets

Question Description

I’m working on a finance discussion question and need an explanation and answer to help me learn.

Budgets are merely financial plans and estimates of future events. Then reality hits. As a manager, what do you do when your actual financial results differ significantly from your budget? When should you know, and who should you be communicating with?

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