Which statement best describes a use of budgets for control purposes?
A) Communication is improved.
B) Plans can be made for the future.
C) Budgets set a standard against which results can be compared.
D) If conditions change between the formation of the budget and the current time, budgets can be quickly adapted.
Correct Answer:
Verified
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Q33: What are future financial plans called?
A) budgets
B)
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