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papahomer papahomer
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7 years ago
Which of the following is NOT a basic function of a budget?
A) Budgets indicate the need for future short-term financing.
B) Budgets provide the basis for corrective action when actual figures differ from the budgeted figures.
C) Budgets compare historical costs of the firm with its current cost performance.
D) Budgets allow for performance evaluation.
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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vanrheevanrhee
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7 years ago
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papahomer Author
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7 years ago
Good timing, thanks!
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Yesterday
Thank you, thank you, thank you!
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2 hours ago
Thanks
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