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Which one of the following is an advantage of using participative budgeting? o It is...

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Accounting

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Which one of the following is an advantage of using participative budgeting? o It is updated daily to reflect current activity. o It assures the company is operating at the activity level of the master budget. o It allows companies to compare the current with the previous year. O Lower level managers are more likely to perceive budgets as fair

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