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Which of the statements below explains how budgets provide a basis for performance evaluation? a. After employees accept the budget as a guide to action,
Which of the statements below explains how budgets provide a basis for performance evaluation?
a. After employees accept the budget as a guide to action, they can be held responsible for their portion of the budget.
b. Budgets provide arbitrary yardsticks for performance evaluation
c. Managers who overshoot the budget should be demoted
d. Employees are not given bonuses because of poor budget performance
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