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ACC 206 ACC206 Week 4 Video Quiz Chapter 6 with Answers

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ACC 206 Week 4 Video Quiz Chapter 6 Answers

Budgets provide a benchmark to compare against actual results. (Points : 1)

Question 2. 2. Budgets and responsibility accounting have little or no correlation. (Points : 1)

Question 3. 3. The master budget provides all the guidance a firm needs.  Sub budgets are not a necessity for good management of the business. (Points : 1)

Question 4. 4. Zero-based budgeting means a manager gets zero budget dollars without justifying each expense. (Points : 1)

Question 5. 5. The budget process starts with the cash budget because cash is king. (Points : 1)

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