Below are various statements about different budgeting techniques. Which are false? Select one or more: A. Budget ratcheting tightens targets when performance fails to meet the target by a predetermined

Below are various statements about different budgeting techniques. Which are false? Select one or more: A. Budget ratcheting tightens targets when performance fails to meet the target by a predetermined percentage B. Budget lapsing prevents managers from hoarding funds C. Master(static) budgets are prepared for a single level of activity D. Budget lapsing encourages managers to spend money regardless of cost or value E. none of the answers is correct

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Below are various statements about different budgeting techniques. Which are false? Select one or more: A. Budget ratcheting tightens targets when performance fails to meet the …

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