
Lecture Managerial accounting: Creating value in a dynamic business environment (9/e): Chapter 9 - Ronald W. Hilton
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Chapter 9 - Profit planning and activity-based budgeting. After completing this chapter, you should be able to: List and explain five purposes of budgeting systems; describe the similarities and differences in the operational budgets prepared by manufacturers, service-industry firms, merchandisers, and nonprofit organizations; explain the concept of activity-based budgeting and the benefits it brings to the budgeting process;...
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