Question: Incremental budgets do not reference figures from previous periods, but rather are created from a zero starting position, on a line by line basis and

Incremental budgets do not reference figures from previous periods, but rather are created from a zero starting position, on a line by line basis and as such, are more closely aligned with the company's strategy and goals. These types of budgets are more time consuming to prepare but may be more accurate and the process ensures a clear understanding of all the expenses of the business. Select one: True False

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