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