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write_a_350.docx

Write a 350- to 700-word executive summary that explains to the board of directors how you developed the budget and its importance.

Include the following in your summary:

1. Explain the process for creating an operating budget and its importance.

1. Explain how revenues and expenses are grouped for planning and control in the financial statements.

1. Explain the differences between cash and accrual financial systems.

Cite at least 2 sources, including your textbook.

Format your assignment according to APA guidelines.

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