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    Business
  3. Study Set
    Strategic Management
  4. Exam
    Exam 8: Implementing Strategies: Marketing, Finance/Accounting, R&D, and MIS Issues
  5. Question
    A Limitation of Financial Budgets Is That They Can Hide
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A Limitation of Financial Budgets Is That They Can Hide

Question 20

Question 20

True/False

A limitation of financial budgets is that they can hide inefficiencies if based solely on precedent rather than on periodic evaluation of circumstances and standards.

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