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Budgeting Process Essay Preview: Budgeting Process Report this essay Budgeting ProcessMemoTo: Budget ManagersFrom: Date: November 15, 2013 Re: Budgeting Process IntroductionAccording to investopedia.com, a budget is defined as an “estimation of the revenue and expenses over a specified future period of time. A budget is a microeconomic concept that shows the tradeoff made when one.