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Which of the Following Statements Regarding Budgeting Is False

Question 52

Multiple Choice

Which of the following statements regarding budgeting is false?


A) The focus of budgeting is planning.
B) Many companies use enterprise resource planning (ERP) systems as a budgeting tool.
C) Budgeting is a bookkeeping task.
D) Budgeting helps managers determine the resources needed to meet their goals and objectives.

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