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All of the following statements regarding budgeting is true-(Answered)

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Question

All of the following statements regarding budgeting is true except

a. Budgeting helps managers determine the resources needed to meet their goals and

objectives.

b. Budgeting is a key ingredient in good decision-making.

c. Budgeting is a bookkeeping task

d. The focus of budgeting is planning.

e. Budgeting is an executive responsibility

 

Paper#9257430 | Written in 27-Jul-2016

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