What are some limitations of the budgeting process?
Watch the following video, and then answer the questions below (tutor2u, 2019): https://www.youtube.com/watch?v=uyK_Dv9Bmb4 What is the function of a budget? What are budgets used for? What are the three main types of budgets? Detail the steps in the budget process. What are some limitations of the budgeting process?