Not using a demand-sensitive approach in budget consolidation could lead to inaccurate financial analysis and decision-making. It could result in overestimation or underestimation of budget requirements, leading to either wastage of resources or shortage of funds. It could also lead to missed opportunities for growth, as the budget may not be aligned with market demand.
Simplify the process of budget creation with our Budgeting Model template. This template includes ex...
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