Multiple Choice
The statement relating to a budget that is not true is:
A) It is a detailed plan
B) It is a management tool
C) It provides many of the performance targets used in responsibility accounting
D) It is prepared on an historical basis
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q25: Which of these is part of the
Q32: Budgets that give details of the income
Q33: A b_ is a detailed plan that
Q34: The direct labour budget is developed from:<br>A)The
Q35: If budgeted sales revenue is $210,000 and
Q36: The best explanation of goal congruence is<br>A)All
Q37: Radak Inc plans to produce 30 000
Q38: Virtually every phase of the master budget
Q39: The <u>untrue</u> statement is:<br>A)A properly prepared budget
Q42: The following information was reported in