All of the following statements regarding budgeting is true except

1.	All of the following statements regarding budgeting is true except
A.	Budgeting helps managers determine the resources needed to meet their goals and objectives.
B.	Budgeting is a key ingredient in good decision-making.
C.	Budgeting is a bookkeeping task
D.	The focus of budgeting is planning.
Answer» D. The focus of budgeting is planning.

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All of the following statements regarding budgeting is true except

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