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16. Which is true of budgets? A) They are voted on and approved by stockholders. B) They are used in the planning, but not in
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D) They are used in performance evaluation

Because

Budgets can be used to evaluate the number of units produced or services rendered and the labor hours and materials it took for each task. The process involves allocating resources to various compartments within the budget, then going back after the work is complete and comparing budgeted resources with actual usage.

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