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2 Which of the following statements is true? A well-developed budget can operate and enforce itself The longer the budget period, the more reliable the

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Which of the following statements is true? A well-developed budget can operate and enforce itself The longer the budget period, the more reliable the estimates of future outcomes In participative Budgeting, each level of management should be invited to participate A budget can be a means of communicating a company's objectives to external parties

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