A budget: (a) is the responsibility of management accountants. (b) is the primary method of communicating agreedupon
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A budget:
(a) is the responsibility of management accountants.
(b) is the primary method of communicating agreedupon 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.
AppendixLO1
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Accounting Tools For Business Decision Making
ISBN: 9781118771112
5th Edition
Authors: Kimmel, Wetlands, Kieso
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