Budgets are prepared in the Accounting Department and monitored by various department managers.
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Q3: Flexible budgeting requires all levels of management
Q4: A budget procedure that provides for the
Q5: Flexible budgeting builds the effect of changes
Q6: The budgeting process is used to effectively
Q7: The objectives of budgeting are (1) establishing
Q9: Budgetary slack can be avoided if lower
Q10: When budget goals are set too tight,
Q11: A budget procedure that provides for the
Q12: Budgets are normally used only by profit-making
Q13: Goal conflict can be avoided if budget
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