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QUESTION 31 A fundamental question which a budget preparer must be ready to answer is: A. Is it better to express inventory policy in terms

QUESTION 31 A fundamental question which a budget preparer must be ready to answer is: A. Is it better to express inventory policy in terms of ending inventory or beginning inventory B. How many decimal places should be used in rounding estimates? C. is a participative budget superior to a top-down budget? D. What assumptions and estimation methods were used to develop this budget

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