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Which of the following statements is false? Select one: O a. Budgets helps uncover potential bottlenecks. O b. Budgeting forces managers to think about
Which of the following statements is false? Select one: O a. Budgets helps uncover potential bottlenecks. O b. Budgeting forces managers to think about and plan for the future. O c. Budgeted cash collections typically consist of collections on sales made to customers in the current budget period only. O d. According to responsibility accounting, a manager should be held responsible for those itemsand only those items-that the manager can actually control to a significant extent. O e. One benefit of following a well-designed budgeting process is Improved performance evaluations.
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