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Which of the following statements about self-imposed budget (bottom-up budget) is true? It shortens the overall budgeting process compared to the top down approach: It
Which of the following statements about self-imposed budget (bottom-up budget) is
true?
It shortens the overall budgeting process compared to the top down approach:
It can potentially lead to the budgetary slack problem.
It facilitates the budgeting process by focusing on past performance.
All of the above are true.
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