The sales budget is the responsibility of line management.
Correct Answer:
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Q7: The major drawback of using historical results
Q8: Budgetary slack helps buffer managers from budget
Q9: Budgets are a manager's tool to plan,
Q9: A budget is a qualitative expression of
Q10: Budgets tell employees what their superiors expect
Q11: Cheating does not include making short-run decisions
Q14: An operating budget is the major part
Q15: "Cooking the books" refers to reporting false
Q16: Managers may lie to increase the resources
Q17: A capital budget is a periodic business
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