9- (True or False?). Operating budgets should be developed by the finance department with input from...

Question

Question

9- (True or False?).

Operating budgets should be developed by the finance department with input from department heads kept to a minimum

A. True

B. False

Answer 1

Answer #1

The statement is FALSE

The operating costs are incurred by the departments and hence their participation is necessary for making a reliable budget

hence, Inputs from departments should be kept at maximum

Hence, the answer is False

Answer 2

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