Question: Select the correct statement. Multiple Choice The accounting department normally coordinates the development of the sales forecast. O The four advantages of budgeting include planning,
Select the correct statement. Multiple Choice The accounting department normally coordinates the development of the sales forecast. O The four advantages of budgeting include planning, coordination, performance measurement, and reporting. O In a participative budgeting system, budget information flows in one direction only, from bottom to top. O O The three major categories of the master budget are operating budgets, capital budgets, and pro forma financial statements
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