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Which of the Following Is True of Master Budgets

Question 174

Multiple Choice

Which of the following is true of master budgets?


A) They include only financial aspects of a plan and exclude nonfinancial aspects.
B) They aid in coordinating what needs to be done to implement a plan.
C) They aid in quantifying the expectations of all stakeholders.
D) They must be administered rigidly after they are committed to.

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