Question: Which statement concerning budgeting is correct? Select one: a. A budget prepared by an individual is more detailed than one used by a business. b.

Which statement concerning budgeting is correct? Select one: a. A budget prepared by an individual is more detailed than one used by a business. b. Budgets do not add value to a business c. Budgeting and performance evaluation are NOT closely related d. A budget is an essential step in managing a business efficiently
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