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One important short-term goal for a company is to earn the projected operating income for the period. Attainment of this goal is measured by comparing the actual operating income to the:

a) Flexible-budget operating income.

b) Prior period's operating income.

c) The income reflected in the company's balanced scorecard.

d) Master budget operating income.

e) Industry average operating income.

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  • Reference No.:- M943629

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