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Below are various statements about different budgeting techniques. Which is false? Budget ratcheting tightens targets when performance fails to meet the target by a predetermined
Below are various statements about different budgeting techniques. Which is false?
Budget ratcheting tightens targets when performance fails to meet the target by a predetermined percentage | |||
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Budget lapsing encourages managers to spend money regardless of cost or value | |||
None of the above |
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