The Final Phase in the Budgeting Process Is the Audit

question 17

True/False

The final phase in the budgeting process is the audit.

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Definitions:

Erode

The process by which natural forces such as water, wind, and ice wear away soil, rock, or land, gradually reshaping the Earth's surface.

Sediment

Particles of rock, minerals, or organic materials that are transported and deposited by wind, water, or ice, and accumulate in layers on Earth's surface.

Environment

The sum of all external conditions and influences affecting the life, development, and survival of an organism or group of organisms.

Metamorphic Rock

A type of rock that has been changed by heat, pressure, and chemical processes from its original form, usually buried deep within the Earth's crust.