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  3. Study Set
    Cost Accounting Study Set 1
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    Exam 7: Flexible Budgets, Variances, and Management Control: I
  5. Question
    To Prepare Budgets Based on Actual Data from Past Periods
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To Prepare Budgets Based on Actual Data from Past Periods

Question 57

Question 57

True/False

To prepare budgets based on actual data from past periods is preferred since past inefficiencies are excluded.

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