Question: 8. Indicate by each statement true or false. a. A budget expresses management's objectives and goals in financial terms. b. A budget is used to

8. Indicate by each statement true or false. a. A budget expresses management's objectives and goals in financial terms. b. A budget is used to establish standards or targets for dollar experitures. c. A budget is used to provide a standard against which expenditures can be measured. d. A standard budget is used to establish upper and lower limits for expenditures, and this to make flexible use of the amounts that can be spent for particular purposes

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