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All types of organizations can benefit from budgeting. A major difference between governmental budgeting and business budgeting is that A. Business budgeting is required by the SEC. B. Business budgeting can be used to measure progress in achieving company objectives, whereas governmental budgeting cannot be used to measure progress in achieving objectives. C. Governmental budgeting usually represents a legal limit on proposed expenditures. D. Governmental budgeting is usually done on a zero-base.
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