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7 June, 18:23

Budgeting is the common accounting tool companies use for planning and controlling. Budgets

a. provide a measure of planned financial results.

b. are prepared independent of the company's long-term strategies.

c. do not usually reflect actual results, so they are a useless exercise.

d. serve as the financial expression of management's plans for the upcoming period.

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  1. 7 June, 19:39
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    Answer is A, hope you pass
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