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Budgets play a vital role in management activities like planning, controlling and motivating employees. Used efficiently, budgets can help a company accomplish its goals and make a productive work environment.  In contrast, budgets can as well make a hostile work environment. Watch this video regarding budgets and employee morale and then reflect on your own work experiences. Describe how budgeting was incorporated to accomplish the company's overall goals and objectives. Reflect on whether or not the budgets were efficiently applied and whether your experience was negative or positive.

Accounting Basics, Accounting

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