Which of the Following Statements Is(are)true Regarding the Benefits Associated

question 8

Multiple Choice

Which of the following statements is(are) true regarding the benefits associated with participative budgeting?
(A) Goal congruence by divisions means top management need not be concerned with overall profitability.
(B) Budget assumptions and estimates are prepared by those closest to the budgeted activity.

• A) Only A is true.
• B) Only B is true.
• C) Both A and B are true.
• D) Neither A nor B is true.

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Definitions:

Medical Treatment

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Unexpected Misery

A sudden or unforeseen event or situation that causes great distress or suffering.

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Slot Machine

A gambling device that generates random combinations of symbols on a dial, offering a chance to win based on the matching of these symbols.