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CASH BUDGETING AS A BASIS FOR DECISION MAKING

CHAPTER ONE 1.1   INTRODUCTION “For which of you desiring to build a tower does not first    sit and account the cost whether he has enough to complete it” (Lk. 14:28). Every rational economic unit has some objectives to attain.  Individuals, corporate bodies or governments have objectives to achieve. To achieve their respective objectives resources have to be made available.  Unfortunately nature did not distribute her resources abundantly, whilst objectives and needs are ...

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