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    Managerial Accounting Study Set 21
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    Exam 7: Operating Budgets: Bridging Planning and Control
  5. Question
    Multi-Year Budgets Are Strategic Plans That Specify the Direction in Which
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Multi-Year Budgets Are Strategic Plans That Specify the Direction in Which

Question 44

Question 44

True/False

Multi-year budgets are strategic plans that specify the direction in which a company desires to head.

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