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    Fundamental Accounting Principles Study Set 5
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    Exam 23: Master Budgets and Planning
  5. Question
    Continuous Budgeting Is the Practice of Preparing a New Budget
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Continuous Budgeting Is the Practice of Preparing a New Budget

Question 56

Question 56

True/False

Continuous budgeting is the practice of preparing a new budget for a selected number of future periods and replacing budgets for periods that have lapsed.

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