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Question Which of the following statements is FALSE about budgets? O a Master budgets ensure that accounting records comply with generally accepted accounting principles. O

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Which of the following statements is FALSE about budgets? O a Master budgets ensure that accounting records comply with generally accepted accounting principles. O b. Budgets can aid in determining the allocation of resources. Oc Budgets are part of the organisation's planning and control processes. O d. None of the other options. That is, all other options are true. O e. Budgets provide benchmarks for evaluating subsequent performance

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