A budget: (a) is the responsibility of management accountants. (b) is the primary method of communicating agreed
Question:
A budget:
(a) is the responsibility of management accountants.
(b) is the primary method of communicating agreed upon objectives throughout an organization.
(c) ignores past performance because it represents management’s plans for a future time period.
(d) may promote efficiency but has no role in evaluating performance.
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Related Book For
Financial And Managerial Accounting
ISBN: 9781118004234
1st Edition
Authors: Donald E. Kieso, Paul D. Kimmel, Jerry J. Weygandt
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