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QUESTION

Is it important for a company to follow a strict budget even though they may be experiencing phenomenal profits?

Week 5 discussion

Is it important for a company to follow a strict budget even though they may be experiencing phenomenal profits? Do you think that there will be a bias towards greed when creating the budget for this company? Explain.

How does management greed influence budget decisions?                                                                                                                                                                                                       

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