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What is meant by an incremental budget? a) A budget prepared from first principles b) The variable elements of a budget, excluding fixed costs c)
What is meant by an incremental budget?
a)A budget prepared from first principlesb)The variable elements of a budget, excluding fixed costs
c)A budget that is based on the previous year, adjusted for known changes
d)A budget that breaks even
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Financial and Managerial Accounting
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
3rd edition
978-1-119-3916, 1119392132, 1119392136, 9781119391609, 1119391601, 978-1119392132
