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Question 4 2 pts Which of the following is FALSE regarding operational budgeting and related topics? Under the total quality management approach, budgeted amounts are

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Question 4 2 pts Which of the following is FALSE regarding operational budgeting and related topics? Under the total quality management approach, budgeted amounts are set at reasonable and achievable levels. One benefit of budgeting is performance evaluation, whereby the actual performance of the business is compared against the budget. Rolling budgets are budgets that are updated continuously through the year; as a period expires, it is replaced with a new period. Budget periods should be long enough to show the effect of management policies, but short enough so that estimates can be made with reasonable accuracy

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