All of the following are criticisms of the traditional budgeting process except that it a. makes...
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All of the following are criticisms of the traditional budgeting process except that it a. makes across-the-board cuts when early budget iterations show that planned expenses are too high. b. incorporates non-financial measures as well as financial measures into its output. c. overemphasizes a fixed time horizon such as one year. d. is not used until the end of the budget period to evaluate performance. All of the following are criticisms of the traditional budgeting process except that it a. makes across-the-board cuts when early budget iterations show that planned expenses are too high. b. incorporates non-financial measures as well as financial measures into its output. c. overemphasizes a fixed time horizon such as one year. d. is not used until the end of the budget period to evaluate performance.
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Answer The correct answer is B incorporates nonfinan... View the full answer
Related Book For
Core concepts of accounting information systems
ISBN: 9780470507025
11th Edition
Authors: Nancy A. Bagranoff, Mark G. Simkin, Carolyn Strand Norman
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