The starting point of a master budget reflects a single level of output demand. is

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The starting point of a master budget

• reflects a single level of output demand.

• is static to facilitate the numerous arrangements (employees, suppliers, prices, resource quality, capacity availability, etc.) that must be in place before beginning operations.

• affects all other organizational activities and bud¬ gets.

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Cost Accounting Foundations And Evolutions

ISBN: 9780324235012

6th Edition

Authors: Michael R. Kinney, Jenice Prather-Kinsey, Cecily A. Raiborn

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