November 2008
Beginner
448 pages
11h 33m
English
Content preview from Budgeting Basics and Beyond
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13.6. Budget Revisions
Capital budgets should be revised when errors are found or circumstances change. Revisions would be required for changes in cost estimates, unexpected developments in the economy, design changes, technological developments, action by competitors, change in divisional or departmental objectives, and casualty losses.
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