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September 4, 2024

Describe your company’s annual budget process

Budgeting

Describe your company’s annual budget process. If you don’t know how the budget process works, how can you find out? Discuss this with your manager or, if possible, someone in the finance department who oversees budgeting for your department/division.

· What is your involvement in the process?

· What works well? What doesn’t work?

· If you were CEO/CFO, what changes would you make and why?

· How would you communicate to employees the value that the process brings to the business?

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