BUDGETARY ACCOUNTING Definition

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BUDGETARY ACCOUNTING, contrary to financial accounting, looks forward: it measures the cost of planned acquisitions and the use of economic resources in the future.

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FINANCIAL PLANNER is an investment professional who assists individuals with long- and short-term financial goals.

RESTRUCTURING is the termination of employees and the reorganization of those remaining; can include reductions in plant and equipment. Restructuring is usually implemented to realize cost savings.

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