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  3. Study Set
    Introduction to Management Accounting Study Set 1
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    Exam 7: Introduction to Budgets and Preparing the Master Budget
  5. Question
    Participative Budgeting Is the Active Participation of All Affected Employees
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Participative Budgeting Is the Active Participation of All Affected Employees

Question 137

Question 137

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Participative budgeting is the active participation of all affected employees in the formulation of the budget.

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