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Q19 How does long-range planning compare to a master budget? O It focuses on meeting operating income objectives instead of strategies to achieve those goals.
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How does long-range planning compare to a master budget? O It focuses on meeting operating income objectives instead of strategies to achieve those goals. O It is less detailed than an annual budget. It generally encompasses a shorter period of time than a master budget. It is prepared by the president, unlike a master budget that is prepared by a budget committee Step by Step Solution
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