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    Fundamental Managerial Accounting Concepts Study Set 1
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    Exam 7: Planning for Profit and Cost Control
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    Under Continuous Budgeting,a New Month Is Added to the End
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Under Continuous Budgeting,a New Month Is Added to the End

Question 116

Question 116

True/False

Under continuous budgeting,a new month is added to the end of the budget period each time the present month expires,so that a twelve-month budget is available at all times.

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