Question: 8/9/10 Question 8 (1 point) The budget process is a(n) loop similar to the larger financial planning process. infinite reconciling varying finite Question 9 (1

8/9/10 8/9/10 Question 8 (1 point) The budget process is a(n) loop similar

Question 8 (1 point) The budget process is a(n) loop similar to the larger financial planning process. infinite reconciling varying finite Question 9 (1 point) A conservative budget approach means that costs are somewhat understated and earnings are somewhat overestimated. costs are somewhat overestimated and earnings are somewhat understated. the time period is short enough to limit the amount of data. goals are understated and limitations are ignored. Question 10 (1 point) The budgeting process should occur annually. monthly. weekly. in all of these formats

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