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    Fundamental Accounting Principles Study Set 1
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    Exam 22: Master Budgets and Planning
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    The Process of Planning Future Business Actions and Expressing Them
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The Process of Planning Future Business Actions and Expressing Them

Question 198

Question 198

Multiple Choice

The process of planning future business actions and expressing them as a formal plan is called:


A) Variance analysis.
B) Budgeting.
C) Cost accounting.
D) Managerial accounting.
E) Standard cost analysis.

Correct Answer:

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