true or false on each question

rTrue or False for questions 1-20 1. The basic idea underlying responsibility accounting is that a manager should be held responsible for those items- and only those items- that the manager can actually control to a significant extent. 2. The budgeted income statement is typically prepared before the budgeted balance sheet. 3. Control involves developing goals and preparing various budgets to achieve those goals A continuous or perpetual budget is a 12-month budget that rolls forward one month (or quarter) as the current month (or quarter) is completed. 4