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Why do governments need to budget?

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Answer:

One of the many purposes of budgeting is to have control over the revenues and expenditures of the government. The budgets are an important part of maintaining control of a government's finances and are a means of achieving the financial reporting objective of accountability.

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User Raanan Avidor
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Answer:

is of utmost importance for any government to ensure economic stability and growth.

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User Ncbl
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