Which of the following statements is NOT true about budgeting? Top-down budgeting is usually less time-consuming than bo

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answerhappygod
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Which of the following statements is NOT true about budgeting? Top-down budgeting is usually less time-consuming than bo

Post by answerhappygod »

Which of the following statements is NOT true about
budgeting?
Top-down budgeting is usually less time-consuming than bottom-up
budgeting
Incremental budgeting ignores previous periods' figures.
A master budget includes the forecast statement of profit or
loss, the forecast statement of financial position and the cash
budget.
Flexible budgeting provides for different scenarios and/or
activity levels
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