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Unformatted text preview: company. They need to avoid budget padding and impossible budgeting because it does little to help the overall organizations budgeting goals and may only create frustration. There is not always a definitive way for each company to do their budget. A companys structure may affect how their budget should be approached. In the Springfield case it is evident that their current approach is not working and they need to rethink their strategy. Source: http://www.principlesofaccounting.com/chapter%2021.htm...
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- Spring '10