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Accounting

A static budget is appropriate in evaluating a manager's performance if:

a. actual activity closely approximates the master budget activity.

b. actual activity is less than the master budget activity.

c. the company prepares reports on an annual basis.

d. the company is a not-for-profit organization.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9416611

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