Q17: Among the advantages of object of expenditure approach all the following except а. It can be easily incorporated into the accounting system. b. Readers and preparers can easily understand the budget. С. It provides data useful primarily in the short run planning. d. Budgets are uncomplicated and can easily be prepared.

Q17: Among the advantages of object of expenditure approach all the following except а. It can be easily incorporated into the accounting system. b. Readers and preparers can easily understand the budget. С. It provides data useful primarily in the short run planning. d. Budgets are uncomplicated and can easily be prepared.

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter7: Budgeting

Section: Chapter Questions

Problem 5MC: Which approach requires management to justify all its expenditures? A. bottom-up approach B....

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