Control is looking ahead to see what actions should be taken to realize particular goals.
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Q7: The master budget is typically a comprehensive
Q9: The direct materials purchases budget is based
Q10: The budget director is the person responsible
Q10: The controller usually serves as the budget
Q12: Budgets are a key component of planning.
Q14: A strategic plan identifies strategies for future
Q16: Comparing actual results with budgeted results on
Q17: Planning is looking ahead to see what
Q18: A continuous budget is a static 15-month
Q19: Budgets can be used to improve decision
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