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The budgeting process has been abandoned by many companies. The major reason is: options: It often leads to incorrect predictions of operating results. It can

The budgeting process has been abandoned by many companies. The major reason is:

options:

It often leads to incorrect predictions of operating results.

It can lead to a lack of goal congruence between managers and the company.

None of the other alternatives.

Budgeting is used by every company, and is known to be highly effective at all times that it is used. It costs too much money to implement

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