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Which of the following statements about budgeting is false? Multiple Choice Budgeting is the process of planning future business actions and expressing them as formal
Which of the following statements about budgeting is false? Multiple Choice Budgeting is the process of planning future business actions and expressing them as formal plans. Budgets create standards for performance evaluation. Budgets help coordinate the activities of the entire organization. Budgeting forces managers to plan for the future. The master budget should only be prepared by top management. 1
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