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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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