Question: If budgets are to be effective, there must be a history of successful operations. 1 6 , 1 7 , 1 8 an organizational structure

If budgets are to be effective, there must be
a history of successful operations.
16,17,18
an organizational structure with clearly defined lines of authority and responsibility.
excess plant capacity.
independent verification of budget goals.
If budgets are to be effective, there must be a history

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