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Below are various statements about different budgeting techniques. which is false? budget ratcheting tightens targets when performance fails to meet the target by a predetermined percentage budget lapsing prevents managers from hoarding funds master(static) budgets are prepared for a single level of activity budget lapsing encourages managers to spend money regardless of cost or value none of the above
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Below are various statements about different budgeting techniques. which is false? budget ratchetin...
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