Question: 1) Based on budget reports: A) Management analyzes differences between planned and actual results (actual results) B) Management can take corrective action C) Management can

1) Based on budget reports: A) Management analyzes differences between planned and actual results (actual results) B) Management can take corrective action C) Management can modify future plans D) All of the above are correct

2) The purpose of the sales budget report is: A) Control Selling expenses B) Determine if income targets are being met C) determine if sales targets are being met D) control sales commissions

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