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10 cards from this deck
Needs, budgets, records, risks, controls
Estimates future revenue & expenses over a time period
Operating, project, financial
Main activities: sales, production, materials, labour, expenses
Budgeted income statement, balance sheet, cash flows
At least 5 years for tax purposes
Possibility of financial loss to businesses
Borrowing risk and customer credit risk
Risk of insufficient cash to meet obligations when due
Procedures to monitor & control resource allocation & usage
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