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1. Budgeting involves a. establishing specific goals b. executing plans to achieve the goals periodically comparing actual results with the goals d. All of these

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1. Budgeting involves a. establishing specific goals b. executing plans to achieve the goals periodically comparing actual results with the goals d. All of these choices are correct C. 2. Budgeting affects all of the following managerial functions except a. planning b. directing c. controlling d. None of these choices are correct

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