Question: Which of the following is false regarding budgeting? O Budgeting requires managers from different functional areas to communicate and coordinate their activities O The essential

Which of the following is false regarding budgeting?
O Budgeting requires managers from different functional areas to communicate and coordinate their activities
O The essential features of the budgeting process are planning and control
O Comparing actual results with budgeted results will help managers evaluate the pertormance of individuals
O Availability of idle cash for investment is shown in the capital expenditures budget

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False statement Availability of idle cash for investment is shown in the capital expenditures budget Cash budget helps the managers to determine any excessive idle cash or cash shortage that is expect... View full answer

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