WEEK 6 FINAL with answers The Big One  _____ are componentsof a master budget. [B. An operating budget and a capital budget] ____ budgeting is when budgets are formulated with theactive participa

WEEK 6 FINAL with answers The Big One  _____ are componentsof a master budget. [B. An operating budget and a capital budget] ____ budgeting is when budgets are formulated with theactive participa

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 _____ are components
of a master budget. [B. An operating budget and a capital budget]

____ budgeting is when budgets are formulated with the
active participation of all affected employees. [C. Participative]

 ___ __ is the field
of accounting that develops information for external decision makers, such as
stockholders, suppliers, banks, and government regulatory agencies .d

__ ___ is the first step in designing a management control
system. b



WEEK 6 FINAL with answers The Big One