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Cash collection budget is usually prepared after the production budget True False QUESTION 12 A self-imposed budget is a budget that is prepared from the

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Cash collection budget is usually prepared after the production budget True False QUESTION 12 A self-imposed budget is a budget that is prepared from the top management only True False QUESTION 13 Motivation is generally higher when individuals participate in setting their own goals than when the goals are imposed from above True False QUESTION 14 The production budget must be adequate to meet budgeted sales and for the desired ending inventory True False

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