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Ramon is studying bullying behaviour among elementary schoolchildren.He arranges to spend one day following around a class of children,making notes on their behaviour.Unfortunately,when he presents his research to his professor,his professor says that Ramon's data were compromised by the way he collected it.What did Ramon forget to do?
Budgeted Income Statement
A financial projection that estimates a company's revenue and expenses over a specific future period, predicting net income or loss.
Budgeted Balance Sheet
A financial statement projecting the future financial position of a company, based on expected assets, liabilities, and equity.
Continuous Budget
A 12-month budget that rolls forward one month as the current month is completed.
Rolls Forward
A process in accounting or financial planning where data or balances are brought forward from a previous period to the current one.
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