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What are the importance of Balanced budgets ?

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Question added by Malik Khalid Mahmood , Regional Finance Manager , Leosons International FZ LLC
Date Posted: 2014/12/28
Vishwanath Aiyer
by Vishwanath Aiyer , Marketing Services Manager , A Multi National Company

Sorry this question is not clear.  Can you please elaborate?  Did you mean 'balanced' in a sense that the sales and supply chain should balance sales and production?  So that there is no inventory problem?  Or connected departments are 'balanced'? as sales, marketing, supplychain, finance etc are on the same page?

Santhosh John
by Santhosh John , Group Finance Manager , Group

Planning, Forecasting, Corporate objectives, Accuracy of Numbers, Tool for motivation, Co-ordination and Internal Control

Malik Khalid Mahmood
by Malik Khalid Mahmood , Regional Finance Manager , Leosons International FZ LLC

Thanks for the expert opinion

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