Which of the Following Statements Is Not True

question 45

Multiple Choice

Which of the following statements is not true?

• A) A budget is a detailed plan.
• B) A budget is a management tool.
• C) A budget is prepared on an historical basis.
• D) A budget provides many of the performance targets used in responsibility accounting.

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Definitions:

Organogenesis

The process by which the organs and tissues develop from the embryonic cells during development.

Embryonic Development

The process by which an embryo forms and develops, involving cell division, cell differentiation, and morphogenesis.

Invagination

A process in developmental biology where a part of the cell or tissue surface folds inward to form a pocket or pouch.

Organogenesis

The phase of embryonic development concerned with the formation of organs and organ systems.