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Author Question: Which of the following is true of master budgets? A) They include only financial aspects of a ... (Read 94 times)

newyorker26

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on: Jul 5, 2018
Which of the following is true of master budgets?
 
  A) They include only financial aspects of a plan and exclude nonfinancial aspects.
  B) They aid in coordinating what needs to be done to implement a plan.
  C) They aid in quantifying the expectations of all stakeholders.
  D) They must be administered rigidly after they are committed to.

Question 2

Notes receivable due in 390 days appear on the
 a. balance sheet in the current assets section
  b. balance sheet in the noncurrent assets section
  c. balance sheet in the current liabilities section
  d. income statement as an expense


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jonathanballen97

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Reply #1 on: Jul 5, 2018
Answer to Question 1

Answer: B

Answer to Question 2

b


newyorker26

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Reply #2 on: Jul 5, 2018
Thank you


jonathanballen97

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Reply #3 on: Jul 5, 2018
No problemo


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