Business and Marketing
Management and Marketing Planning

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Finding Your Assumption Base -3

Posted by on May 3, 2009 at 4:00 pm

• Assumption-based budgeting leads to a higher rate of approval. Budgets are also frustrating because, even with a carefully detailed budget, it might be necessary to revise the preliminary numbers several times before gaining final approval. With properly documented assumptions, you will be more likely to gain approval quickly, and with fewer revisions than before. [...]

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