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Ideal Standards Used in the Budgeting Process -

Question 38

Multiple Choice

Ideal standards used in the budgeting process -


A) Do not factor in operating inefficiencies in the budgeting process
B) Allows for small deviations from perfection
C) Is based on ideal working conditions but will permit some slack in operations
D) Requires that deviations between actual and budgeted results be minimized.

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