The fourth point on the above list of the uses of budgets (control) implies that current management

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The fourth point on the above list of the uses of budgets (control) implies that current management performance is compared with some yardstick. What is wrong with comparing actual performance with past performance, or the performance of others, in an effort to exercise control?

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Accounting An Introduction

ISBN: 9780273711360

4th Edition

Authors: Harvey, Jenner Atrill, McLaney

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