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Which of the following statement is incorrect? Select one: a. Budgeting is a financial plan for a defined period, often one year, b. Budgeting is

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Which of the following statement is incorrect? Select one: a. Budgeting is a financial plan for a defined period, often one year, b. Budgeting is a numerical tool that help managers reach the financial goals in their business plans. C. A budget is a useful planning tool for businesses only. d. Budgets help managers tailor their operations to meet their financial goals

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