A continuous budget is prepared by adding a new budget month as each month expires.
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Q17: The budget is an important source of
Q18: Operational management should be directly involved with
Q19: The effect of capital expenditures on the
Q20: The first stage in the budgeting process
Q21: Long-range planning carried out by top management
Q23: A budget manual should include a statement
Q24: Top management can reduce slack by using
Q25: A participatory budget is developed by both
Q26: The starting point for any master budget
Q27: A budget that is expressed in terms
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