When a manager is prohibited to exceed its spending from the allowable budget, it may Select the correct response: eliminate the need for comparisons of budgeted and actual amounts usually reduce the need to prepare a cash budget. result to improved profitability of the company cause harm to the performance of the company

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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When a manager is prohibited to exceed its spending from the allowable budget, it may
Select the correct response:
eliminate the need for comparisons of budgeted and actual amounts
usually reduce the need to prepare a cash budget.
result to improved profitability of the company
cause harm to the performance of the company
Transcribed Image Text:When a manager is prohibited to exceed its spending from the allowable budget, it may Select the correct response: eliminate the need for comparisons of budgeted and actual amounts usually reduce the need to prepare a cash budget. result to improved profitability of the company cause harm to the performance of the company
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