Identify the false statement related to elements of budgeting: a. System of reporting should be made optional. b. Availability of working capital should be ensured. c. Good system of accounting should be maintained. d. Authority and responsibility should be properly fixed
Identify the false statement related to elements of budgeting: a. System of reporting should be made optional. b. Availability of working capital should be ensured. c. Good system of accounting should be maintained. d. Authority and responsibility should be properly fixed
Chapter7: Budgeting
Section: Chapter Questions
Problem 1MC: Which of the following is not a part of budgeting? A. planning B. finding bottlenecks C. providing...
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Question
Identify the false statement related to elements of budgeting:
a.
System of reporting should be made optional.
b.
Availability of working capital should be ensured.
c.
Good system of accounting should be maintained.
d.
Authority and responsibility should be properly fixed
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