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Which of the following is true of master budgets? They aid in quantifying the expectations of all stakeholders. Includes both financial and nonfinancial aspects of
Which of the following is true of master budgets?
They aid in quantifying the expectations of all stakeholders. | ||
Includes both financial and nonfinancial aspects of management's plans. | ||
They include only financial aspects of a plan and exclude nonfinancial aspects. | ||
They must be administered rigidly after they are committed to. |
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