“Liabilities” Please respond to the following: Analyze the major pros and cons of preparing company budgets. Determine at least two (2) critical budget items that you believe are essential in managi

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“Liabilities”  Please respond to the following:

  • Analyze the major pros and cons of preparing company budgets. Determine at least two (2) critical budget items that you believe are essential in managing a company. Provide a rationale for your response.
  • Analyze the most common responsibility reporting systems. From your analysis, argue at least one (1) pro and one (1) con of using responsibility reporting systems.
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