Question
Which of the following statements best describes the strengths and weaknesses of using prior- period performance information to create a new budget? Using prior-period
Which of the following statements best describes the strengths and weaknesses of using prior- period performance information to create a new budget? Using prior-period performance information increases budget-setting effort, and stifles innovation Using prior-period performance information reduces budget-setting effort, and promotes innovation Using prior-period performance information increases budget-setting effort, but promotes innovation Using prior-period performance information reduces budget-setting effort, but stifles innovation
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