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  3. Study Set
    Cost Accounting Study Set 1
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    Exam 7: Flexible Budgets, Direct-Cost Variances, and Management Control
  5. Question
    The Term Budget Indicates
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The Term Budget Indicates

Question 15

Question 15

Multiple Choice

The term budget indicates:


A) that standards have been used to develop the budget
B) that actual input data from past periods have been used to develop the budget
C) that engineering studies have been used to develop the budget
D) planned amounts for a future accounting period

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